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
15 GRASMERE CLOSE is a small detached house of 107m², built sometime between 1967 and 1975. It was last sold for £227,000 in October 2011, which was around 17% below the average October 2011 detached price in the Somerset local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 15 GRASMERE CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 15 GRASMERE 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 |
---|---|---|---|
2011 12 OCT | £227,000 | £273,294 | 17% below HPI |
2002 29 MAY | £161,000 | £171,989 | 6% below HPI |
2001 10 AUG | £134,000 | £153,128 | 12% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three 15 GRASMERE CLOSE sales between August 2001 and October 2011 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 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2011 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
15 GRASMERE CLOSE is 107m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of detached houses in Wembdon, based on EPC data. The below chart shows the distribution of detached houses by size in Wembdon, and where 15 GRASMERE CLOSE lies on this distribution: 33% of detached houses are smaller than 15 GRASMERE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Wembdon.
15 GRASMERE CLOSE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 15 GRASMERE 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 GRASMERE 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.
15 GRASMERE CLOSE is located in WEMBDON, in the TA6 postcode district. The below map shows the position of No. 15 on GRASMERE CLOSE.