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
16 MONKSTONE DRIVE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £215,000 in May 2016, which was around 32% below the average May 2016 detached price in the Somerset local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 16 MONKSTONE DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four 16 MONKSTONE 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 |
---|---|---|---|
2016 26 MAY | £215,000 | £315,437 | 32% below HPI |
2014 21 FEB | £171,000 | £279,363 | 39% below HPI |
1998 25 SEP | £75,000 | £106,118 | 29% below HPI |
1996 15 APR | £60,000 | £83,645 | 28% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The four 16 MONKSTONE DRIVE sales between April 1996 and May 2016 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 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.
16 MONKSTONE DRIVE is 77m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Berrow, based on EPC data. The below chart shows the distribution of detached houses by size in Berrow, and where 16 MONKSTONE DRIVE lies on this distribution: 10% of detached houses are smaller than 16 MONKSTONE DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Berrow.
16 MONKSTONE DRIVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 16 MONKSTONE 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 16 MONKSTONE 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.
16 MONKSTONE DRIVE is located in BERROW, in the TA8 postcode district. The below map shows the position of No. 16 on MONKSTONE DRIVE.