18, PARK LANE, CANNINGTON, BRIDGWATER, TA5 2LU - £300,000

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 PARK LANE is a very large extended semi-detached house of 141m², built sometime between 1950 and 1966, which could now be worth an estimated £409,441. It was last sold for £300,000 in June 2017, which was around 41% above the average June 2017 semi-detached price in the Somerset local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

18 PARK LANE Sold Prices

Land registry data shows four sales for 18 PARK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. All of the four 18 PARK LANE sales were for above 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
2017 27 JUN	£300,000	£212,100	41% above HPI
2012 24 SEP	£250,000	£172,386	45% above HPI
2005 12 MAY	£243,000	£162,247	50% above HPI
1998 20 NOV	£74,000	£62,592	18% above HPI

18 PARK LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Somerset local authority area over time, sourced from the HPI. The four 18 PARK LANE sales between November 1998 and June 2017 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 September 2012 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the June 2017 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 18 PARK LANE be worth now?

18 PARK LANE might now be worth an estimated £409,441.

This is based on house price inflation of 36.5%, between June 2017 and February 2025, for semi-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 36.5% inflationary increase is applied to the most recent sale price for 18 PARK LANE of £300,000 on 27th June 2017. For the value to have increased from £300,000 to £409,441 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 18 PARK LANE has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The June 2017 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PARK LANE has not materially changed since June 2017.

How Large is 18 PARK LANE?

18 PARK LANE is 141m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 20% of semi-detached houses houses in Cannington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cannington, and where 18 PARK LANE lies on this distribution: 83% of semi-detached houses houses are smaller than 18 PARK LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Cannington.

18 PARK LANE: Plot and Title Map

18 PARK LANE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 18 PARK 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 18 PARK 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 18 PARK LANE?

18 PARK LANE is located in CANNINGTON, in the TA5 postcode district. The below map shows the position of No. 18 on PARK LANE.