2, BOUNDARY CLOSE, MIDSOMER NORTON, RADSTOCK, BA3 4XB - £305,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 BOUNDARY CLOSE is a very small extended detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £379,922. It was last sold for £305,000 in October 2018, which was around 47% below the average October 2018 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

2 BOUNDARY CLOSE Sold Prices

Land registry data shows three sales for 2 BOUNDARY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the three 2 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
2018 23 OCT	£305,000	£570,542	47% below HPI
2001 4 JUN	£134,950	£222,647	39% below HPI
1999 13 JUL	£79,000	£153,020	48% below HPI

2 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 three 2 BOUNDARY CLOSE sales between July 1999 and October 2018 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 June 2001 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2018 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 2 BOUNDARY CLOSE be worth now?

2 BOUNDARY CLOSE might now be worth an estimated £379,922.

This is based on house price inflation of 24.6%, between October 2018 and December 2024, 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 24.6% inflationary increase is applied to the most recent sale price for 2 BOUNDARY CLOSE of £305,000 on 23rd October 2018. For the value to have increased from £305,000 to £379,922 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 BOUNDARY CLOSE has moved in line with the HPI for detached houses in the Bath and North East Somerset local authority area.
• The October 2018 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BOUNDARY CLOSE has not materially changed since October 2018.

How Large is 2 BOUNDARY CLOSE?

2 BOUNDARY CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% 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 2 BOUNDARY CLOSE lies on this distribution: 8% of detached houses houses are smaller than 2 BOUNDARY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.

2 BOUNDARY CLOSE: Plot and Title Map

2 BOUNDARY CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 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 2 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 2 BOUNDARY CLOSE?

2 BOUNDARY CLOSE is located in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of No. 2 on BOUNDARY CLOSE.