1A, THE TIMBERS, MIDSOMER NORTON, RADSTOCK, BA3 4DT - £225,000

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.

1A THE TIMBERS is a large detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £427,228. It was last sold for £225,000 in November 2009, which was around 38% below the average November 2009 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

1A THE TIMBERS Sold Prices

Land registry data shows two sales for 1A THE TIMBERS 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 1A THE TIMBERS 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
2009 23 NOV	£225,000	£361,626	38% below HPI
1999 3 AUG	£114,500	£157,843	27% below HPI

1A THE TIMBERS 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 1A THE TIMBERS sales from August 1999 and November 2009 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 August 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2009 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 1A THE TIMBERS be worth now?

1A THE TIMBERS might now be worth an estimated £427,228.

This is based on house price inflation of 89.9%, between November 2009 and March 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 89.9% inflationary increase is applied to the most recent sale price for 1A THE TIMBERS of £225,000 on 23rd November 2009. For the value to have increased from £225,000 to £427,228 over the sixteen years and eight months to March 2025, the following assumptions must hold true:

• The value of 1A THE TIMBERS has moved in line with the HPI for detached houses in the Bath and North East Somerset local authority area.
• The November 2009 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 1A THE TIMBERS has not materially changed since November 2009.

How Large is 1A THE TIMBERS?

1A THE TIMBERS is 127m² according to the EPC inspection conducted in March 2009. This puts it in the largest 30% 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 1A THE TIMBERS lies on this distribution: 74% of detached houses houses are smaller than 1A THE TIMBERS, and 26% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.

1A THE TIMBERS: Plot and Title Map

1A THE TIMBERS sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 1A THE TIMBERS, 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 1A THE TIMBERS). 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 1A THE TIMBERS?

1A THE TIMBERS is located in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of No. 1A on THE TIMBERS.