18, BOUNDARY CLOSE, MIDSOMER NORTON, RADSTOCK, BA3 4XB - £365,000

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.

18 BOUNDARY CLOSE is a very small detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £352,200. It was last sold for £365,000 in September 2024, which was around 50% below the average September 2024 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

18 BOUNDARY CLOSE Sold Prices

Land registry data shows two sales for 18 BOUNDARY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. Both of the two 18 BOUNDARY 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
2024 20 SEP	£365,000	£729,324	50% below HPI
2007 9 NOV	£248,000	£399,683	38% below HPI

18 BOUNDARY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The two 18 BOUNDARY CLOSE sales from November 2007 and September 2024 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 November 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2024 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 18 BOUNDARY CLOSE be worth now?

18 BOUNDARY CLOSE might now be worth an estimated £352,200.

This is based on house price deflation of 3.5%, between September 2024 and February 2025, for detached houses, in the Bath and North East Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.5% deflationary decrease is applied to the most recent sale price for 18 BOUNDARY CLOSE of £365,000 on 20th September 2024. For the value to have decreased from £365,000 to £352,200 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 18 BOUNDARY CLOSE has moved in line with the HPI for detached houses in the Bath and North East Somerset local authority area.
• The September 2024 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BOUNDARY CLOSE has not materially changed since September 2024.

How Large is 18 BOUNDARY CLOSE?

18 BOUNDARY CLOSE is 81m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses houses in Midsomer Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Midsomer Norton, and where 18 BOUNDARY CLOSE lies on this distribution: 16% of detached houses houses are smaller than 18 BOUNDARY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.

18 BOUNDARY CLOSE: Plot and Title Map

18 BOUNDARY CLOSE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 18 BOUNDARY 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 18 BOUNDARY 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.

Where is 18 BOUNDARY CLOSE?

18 BOUNDARY CLOSE is located in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of No. 18 on BOUNDARY CLOSE.