16, CHERRY BLOSSOM WAY, SPARKFORD, YEOVIL, BA22 7FW - £355,000

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.

16 CHERRY BLOSSOM WAY is a very small detached house of 90m², built in 2021, which could now be worth an estimated £347,514. It was last sold for £355,000 in December 2022, which was around 25% below the average December 2022 detached price in the Somerset local authority area. The most recent EPC inspection was December 2021, where the current energy rating was B, and the potential energy rating was A.

16 CHERRY BLOSSOM WAY Sold Prices

Land registry data shows two sales for 16 CHERRY BLOSSOM WAY since 1^st 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. Both of the two 16 CHERRY BLOSSOM WAY 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
2022 15 DEC	£355,000	£470,348	25% below HPI
2022 18 FEB	£305,000	£434,243	30% below HPI

16 CHERRY BLOSSOM WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 16 CHERRY BLOSSOM WAY sales from February 2022 and December 2022 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 February 2022 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 16 CHERRY BLOSSOM WAY be worth now?

16 CHERRY BLOSSOM WAY might now be worth an estimated £347,514.

This is based on house price deflation of 2.1%, between December 2022 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.1% deflationary decrease is applied to the most recent sale price for 16 CHERRY BLOSSOM WAY of £355,000 on 15th December 2022. For the value to have decreased from £355,000 to £347,514 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 CHERRY BLOSSOM WAY has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2022 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CHERRY BLOSSOM WAY has not materially changed since December 2022.

How Large is 16 CHERRY BLOSSOM WAY?

16 CHERRY BLOSSOM WAY is 90m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of detached houses houses in Sparkford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sparkford, and where 16 CHERRY BLOSSOM WAY lies on this distribution: 5% of detached houses houses are smaller than 16 CHERRY BLOSSOM WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Sparkford.

16 CHERRY BLOSSOM WAY: Plot and Title Map

16 CHERRY BLOSSOM WAY sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 16 CHERRY BLOSSOM WAY, 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 16 CHERRY BLOSSOM WAY). 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 16 CHERRY BLOSSOM WAY?

16 CHERRY BLOSSOM WAY is located in SPARKFORD, in the BA22 postcode district. The below map shows the position of No. 16 on CHERRY BLOSSOM WAY.