1, CHANNEL CLOSE, NETHER STOWEY, BRIDGWATER, TA5 1NF - £285,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CHANNEL CLOSE is a midsized extended detached house of 105m², built sometime between 1976 and 1982. It was last sold for £285,000 in September 2020, which was around 24% below the average September 2020 detached price in the Somerset local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

1 CHANNEL CLOSE Sold Prices

Land registry data shows two sales for 1 CHANNEL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 1 CHANNEL CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 14 SEP	£285,000	£375,243	24% below HPI
2017 8 MAY	£220,000	£336,160	35% below HPI

1 CHANNEL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 1 CHANNEL CLOSE sales from May 2017 and September 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 CHANNEL CLOSE?

1 CHANNEL CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Nether Stowey, based on EPC data. The below chart shows the distribution of detached houses by size in Nether Stowey, and where 1 CHANNEL CLOSE lies on this distribution: 41% of detached houses are smaller than 1 CHANNEL CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Nether Stowey.

1 CHANNEL CLOSE: Plot and Title Map

1 CHANNEL CLOSE sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 1 CHANNEL CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 CHANNEL CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 CHANNEL CLOSE?

1 CHANNEL CLOSE is located in NETHER STOWEY, in the TA5 postcode district. The below map shows the position of No. 1 on CHANNEL CLOSE.