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
14A STEEL LANE is a midsized extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £395,000 in May 2017, which was around 18% above the average May 2017 detached price in the Somerset local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 14A STEEL LANE since 1st 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. One of the two 14A STEEL LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2017 10 MAY | £395,000 | £336,160 | 18% above HPI |
2015 29 OCT | £210,000 | £309,594 | 32% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 14A STEEL LANE sales from October 2015 and May 2017 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 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2017 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.
14A STEEL LANE is 148m², which includes three extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Catcott, based on EPC data. The below chart shows the distribution of detached houses by size in Catcott, and where 14A STEEL LANE lies on this distribution: 57% of detached houses are smaller than 14A STEEL LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Catcott.
14A STEEL LANE sits on a plot of roughly 0.178 of an acre, or 722m². The below map shows the location of 14A STEEL LANE, 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 14A STEEL LANE). 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.
14A STEEL LANE is located in CATCOTT, in the TA7 postcode district. The below map shows the position of No. 14A on STEEL LANE.