12, MONKSTONE DRIVE, BERROW, BURNHAM-ON-SEA, TA8 2NW - £178,000

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

12 MONKSTONE DRIVE is a very small extended detached house of 82m², built sometime between 1976 and 1982. It was last sold for £178,000 in February 2006, which was around 32% below the average February 2006 detached price in the Somerset local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

12 MONKSTONE DRIVE Sold Prices

Land registry data shows two sales for 12 MONKSTONE DRIVE 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 12 MONKSTONE DRIVE 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
2006 17 FEB	£178,000	£261,278	32% below HPI
1999 18 JUN	£70,500	£113,008	38% below HPI

12 MONKSTONE DRIVE 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 12 MONKSTONE DRIVE sales from June 1999 and February 2006 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 June 1999 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2006 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 12 MONKSTONE DRIVE be worth now?

12 MONKSTONE DRIVE might now be worth an estimated £311,949.

This is based on house price inflation of 75.3%, between February 2006 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 75.3% inflationary increase is applied to the most recent sale price for 12 MONKSTONE DRIVE of £178,000 on 17th February 2006. For the value to have increased from £178,000 to £311,949 over the seventeen years and two months to December 2024, the following assumptions must hold true:

• The value of 12 MONKSTONE DRIVE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2006 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MONKSTONE DRIVE has not materially changed since February 2006.

How Large is 12 MONKSTONE DRIVE?

12 MONKSTONE DRIVE is 82m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of detached houses houses in Berrow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Berrow, and where 12 MONKSTONE DRIVE lies on this distribution: 13% of detached houses houses are smaller than 12 MONKSTONE DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Berrow.

12 MONKSTONE DRIVE: Plot and Title Map

12 MONKSTONE DRIVE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 12 MONKSTONE DRIVE, 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 MONKSTONE DRIVE). 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 MONKSTONE DRIVE?

12 MONKSTONE DRIVE is located in BERROW, in the TA8 postcode district. The below map shows the position of No. 12 on MONKSTONE DRIVE.