12, SPENCER DRIVE, MIDSOMER NORTON, RADSTOCK, BA3 2DN - £169,950

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 SPENCER DRIVE is a midsized extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £169,950 in March 2003, which was around 41% below the average March 2003 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

12 SPENCER DRIVE Sold Prices

Land registry data shows two sales for 12 SPENCER 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 Bath and North East Somerset local authority area for the corresponding sale date. Both of the two 12 SPENCER 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
2003 20 MAR	£169,950	£287,729	41% below HPI
1999 14 MAY	£92,500	£143,503	36% below HPI

12 SPENCER DRIVE Price Paid vs. HPI Average

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 two 12 SPENCER DRIVE sales from May 1999 and March 2003 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 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2003 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 12 SPENCER DRIVE?

12 SPENCER DRIVE is 104m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 50% 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 SPENCER DRIVE lies on this distribution: 43% of detached houses are smaller than 12 SPENCER DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.

12 SPENCER DRIVE: Plot and Title Map

12 SPENCER DRIVE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 12 SPENCER 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 SPENCER 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 SPENCER DRIVE?

12 SPENCER DRIVE is located in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of No. 12 on SPENCER DRIVE.