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
12 REDFIELD ROAD is a very large extended detached house of 189m², built sometime between 1900 and 1929. It was last sold for £480,000 in May 2023, which was around 31% below the average May 2023 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 12 REDFIELD ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the four 12 REDFIELD ROAD 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 |
---|---|---|---|
2023 19 MAY | £480,000 | £700,457 | 31% below HPI |
2013 9 JUL | £247,500 | £403,174 | 39% below HPI |
2009 4 SEP | £249,999 | £354,972 | 30% below HPI |
1997 27 OCT | £112,000 | £130,296 | 14% below HPI |
The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The four 12 REDFIELD ROAD sales between October 1997 and May 2023 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 July 2013 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
12 REDFIELD ROAD is 189m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 10% of detached houses in Midsomer Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Midsomer Norton, and where 12 REDFIELD ROAD lies on this distribution: 96% of detached houses are smaller than 12 REDFIELD ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.
12 REDFIELD ROAD sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 12 REDFIELD ROAD, 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 REDFIELD ROAD). 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.
12 REDFIELD ROAD is located in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of No. 12 on REDFIELD ROAD.