2, COWAN CLOSE, BURNHAM-ON-SEA, TA8 2TG - £280,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 COWAN CLOSE is a small extended semi-detached house of 82m², built sometime between 1976 and 1982. It was last sold for £280,000 in June 2023, which was around 36% below the average June 2023 detached price in the Somerset local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

2 COWAN CLOSE Sold Prices

Land registry data shows six sales for 2 COWAN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the six 2 COWAN 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
2023 30 JUN	£280,000	£435,274	36% below HPI
2022 28 APR	£247,000	£429,266	42% below HPI
2008 20 JUN	£182,000	£288,558	37% below HPI
2002 27 SEP	£127,500	£195,071	35% below HPI
2001 23 MAR	£84,000	£140,327	40% below HPI
1998 23 JAN	£60,000	£98,800	39% below HPI

2 COWAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The six 2 COWAN CLOSE sales between January 1998 and June 2023 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 April 2022 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2023 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 COWAN CLOSE?

2 COWAN CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of detached houses in Burnham-on-Sea, based on EPC data. The below chart shows the distribution of detached houses by size in Burnham-on-Sea, and where 2 COWAN CLOSE lies on this distribution: 23% of detached houses are smaller than 2 COWAN CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Burnham-on-Sea.

2 COWAN CLOSE: Plot and Title Map

2 COWAN CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 2 COWAN 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 COWAN 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 COWAN CLOSE?

2 COWAN CLOSE is located in BURNHAM-ON-SEA, in the TA8 postcode district. The below map shows the position of No. 2 on COWAN CLOSE.