103, HOB CLOSE, MONKTON HEATHFIELD, TAUNTON, TA2 8GN - £285,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

103 HOB CLOSE is a very small detached house of 90m². It was last sold for £285,000 in September 2021, which was around 30% below the average September 2021 detached price in the Somerset local authority area. The most recent EPC inspection was September 2018, where the current energy rating was B, and the potential energy rating was A.

103 HOB CLOSE Sold Prices

Land registry data shows two sales for 103 HOB 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 103 HOB 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
2021 30 SEP	£285,000	£407,986	30% below HPI
2017 2 OCT	£254,995	£358,517	29% below HPI

103 HOB 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 103 HOB CLOSE sales from October 2017 and September 2021 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 October 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 103 HOB CLOSE be worth now?

103 HOB CLOSE might now be worth an estimated £319,864.

This is based on house price inflation of 12.2%, between September 2021 and December 2024, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.2% inflationary increase is applied to the most recent sale price for 103 HOB CLOSE of £285,000 on 30th September 2021. For the value to have increased from £285,000 to £319,864 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 103 HOB CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 103 HOB CLOSE has not materially changed since September 2021.

How Large is 103 HOB CLOSE?

103 HOB CLOSE is 90m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses houses in Monkton Heathfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Monkton Heathfield, and where 103 HOB CLOSE lies on this distribution: 14% of detached houses houses are smaller than 103 HOB CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Monkton Heathfield.

103 HOB CLOSE: Plot and Title Map

103 HOB CLOSE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 103 HOB 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 103 HOB 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 103 HOB CLOSE?

103 HOB CLOSE is located in MONKTON HEATHFIELD, in the TA2 postcode district. The below map shows the position of No. 103 on HOB CLOSE.