Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 CHAPEL FORGE CLOSE is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £350,000 in May 2024, which was around 20% below the average May 2024 detached price in the Somerset local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 CHAPEL FORGE CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 2 CHAPEL FORGE 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 16 MAY | £350,000 | £436,080 | 20% below HPI |
1996 28 JUN | £80,000 | £84,387 | 5% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 2 CHAPEL FORGE CLOSE sales from June 1996 and May 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 June 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
2 CHAPEL FORGE CLOSE is 91m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of detached houses in Huntspill, based on EPC data. The below chart shows the distribution of detached houses by size in Huntspill, and where 2 CHAPEL FORGE CLOSE lies on this distribution: 24% of detached houses are smaller than 2 CHAPEL FORGE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Huntspill.
2 CHAPEL FORGE CLOSE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 2 CHAPEL FORGE 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 CHAPEL FORGE 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.
2 CHAPEL FORGE CLOSE is located in WEST HUNTSPILL, in the TA9 postcode district. The below map shows the position of No. 2 on CHAPEL FORGE CLOSE.