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
17 PIECE LANE is a small extended semi-detached house of 116m², built sometime between 1983 and 1990. It was last sold for £215,000 in December 2015, which was around 31% below the average December 2015 detached price in the Somerset local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 17 PIECE LANE 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 17 PIECE LANE 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 |
---|---|---|---|
2015 16 DEC | £215,000 | £310,097 | 31% below HPI |
2007 28 FEB | £234,500 | £278,347 | 16% below HPI |
2002 29 MAY | £145,000 | £171,989 | 16% below HPI |
1996 4 APR | £24,000 | £83,645 | 71% 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 17 PIECE LANE sales between April 1996 and December 2015 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 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
17 PIECE LANE is 116m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% 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 17 PIECE LANE lies on this distribution: 30% of detached houses are smaller than 17 PIECE LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Shepton Beauchamp.
17 PIECE LANE sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 17 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 17 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.
17 PIECE LANE is located in SHEPTON BEAUCHAMP, in the TA19 postcode district. The below map shows the position of No. 17 on PIECE LANE.