15, BOUNDARY CLOSE, MIDSOMER NORTON, RADSTOCK, BA3 4XB - £468,000

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.

15 BOUNDARY CLOSE is a small detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £544,707. It was last sold for £468,000 in March 2021, which was around 23% below the average March 2021 detached price in the Bath and North East 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.

15 BOUNDARY CLOSE Sold Prices

Land registry data shows two sales for 15 BOUNDARY CLOSE 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 15 BOUNDARY CLOSE 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
2021 24 MAR	£468,000	£604,644	23% below HPI
1995 8 SEP	£95,000	£112,249	15% below HPI

15 BOUNDARY CLOSE 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 15 BOUNDARY CLOSE sales from September 1995 and March 2021 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 September 1995 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 15 BOUNDARY CLOSE be worth now?

15 BOUNDARY CLOSE might now be worth an estimated £544,707.

This is based on house price inflation of 16.4%, between March 2021 and February 2025, for detached houses, in the Bath and North East Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 15 BOUNDARY CLOSE of £468,000 on 24th March 2021. For the value to have increased from £468,000 to £544,707 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 15 BOUNDARY CLOSE has moved in line with the HPI for detached houses in the Bath and North East Somerset local authority area.
• The March 2021 sale price of £468,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BOUNDARY CLOSE has not materially changed since March 2021.

How Large is 15 BOUNDARY CLOSE?

15 BOUNDARY CLOSE is 98m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses houses in Midsomer Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Midsomer Norton, and where 15 BOUNDARY CLOSE lies on this distribution: 36% of detached houses houses are smaller than 15 BOUNDARY CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.

15 BOUNDARY CLOSE: Plot and Title Map

15 BOUNDARY CLOSE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 15 BOUNDARY CLOSE, 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 15 BOUNDARY CLOSE). 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 15 BOUNDARY CLOSE?

15 BOUNDARY CLOSE is located in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of No. 15 on BOUNDARY CLOSE.