12, BROADWAY, HIGHER ODCOMBE, YEOVIL, BA22 8XF - £238,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 BROADWAY is a very small extended detached house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £277,480. It was last sold for £238,500 in November 2020, which was around 40% below the average November 2020 detached price in the Somerset local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

12 BROADWAY Sold Prices

Land registry data shows three sales for 12 BROADWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 12 BROADWAY 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 27 NOV	£238,500	£395,748	40% below HPI
2005 4 AUG	£153,500	£266,383	42% below HPI
2003 22 OCT	£136,000	£233,715	42% below HPI

12 BROADWAY 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 three 12 BROADWAY sales between October 2003 and November 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 August 2005 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2020 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 12 BROADWAY be worth now?

12 BROADWAY might now be worth an estimated £277,480.

This is based on house price inflation of 16.3%, between November 2020 and February 2025, 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 16.3% inflationary increase is applied to the most recent sale price for 12 BROADWAY of £238,500 on 27th November 2020. For the value to have increased from £238,500 to £277,480 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 BROADWAY has moved in line with the HPI for detached houses in the Somerset local authority area.
• The November 2020 sale price of £238,500 represented a fair market value for the property.
• The size, condition, and specification of 12 BROADWAY has not materially changed since November 2020.

How Large is 12 BROADWAY?

12 BROADWAY is 85m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Odcombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Odcombe, and where 12 BROADWAY lies on this distribution: 9% of detached houses houses are smaller than 12 BROADWAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Odcombe.

12 BROADWAY: Plot and Title Map

12 BROADWAY sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 12 BROADWAY, 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 12 BROADWAY). 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 12 BROADWAY?

12 BROADWAY is located in HIGHER ODCOMBE, in the BA22 postcode district. The below map shows the position of No. 12 on BROADWAY.