16, PIECE LANE, SHEPTON BEAUCHAMP, ILMINSTER, TA19 0ND - £278,000

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 PIECE LANE is a midsized extended detached house of 148m², built sometime between 1991 and 1995. It was last sold for £278,000 in May 2012, which was around 4% above the average May 2012 detached price in the Somerset local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

16 PIECE LANE Sold Prices

Land registry data shows three sales for 16 PIECE LANE since 1^st 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. Two of the three 16 PIECE LANE sales were for above the average price, whilst one 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
2012 21 MAY	£278,000	£266,636	4% above HPI
2001 27 APR	£147,500	£143,093	3% above HPI
1995 20 DEC	£69,500	£82,865	16% below HPI

16 PIECE LANE 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 three 16 PIECE LANE sales between December 1995 and May 2012 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 April 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2012 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 16 PIECE LANE?

16 PIECE LANE is 148m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the largest 50% of detached houses in Shepton Beauchamp, based on EPC data. The below chart shows the distribution of detached houses by size in Shepton Beauchamp, and where 16 PIECE LANE lies on this distribution: 58% of detached houses are smaller than 16 PIECE LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Shepton Beauchamp.

16 PIECE LANE: Plot and Title Map

16 PIECE LANE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 16 PIECE 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 16 PIECE 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.

Where is 16 PIECE LANE?

16 PIECE LANE is located in SHEPTON BEAUCHAMP, in the TA19 postcode district. The below map shows the position of No. 16 on PIECE LANE.