2, DRAKE MEADOWS, CHURCHINFORD, TAUNTON, TA3 7EL - £440,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 DRAKE MEADOWS is a small detached house of 114m². It was last sold for £440,000 in January 2023, which was around 3% below the average January 2023 detached price in the Somerset local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

2 DRAKE MEADOWS Sold Prices

Land registry data shows two sales for 2 DRAKE MEADOWS since 1^st 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. One of the two 2 DRAKE MEADOWS sales was for below the average price, whilst the other was roughly equal to 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 17 JAN	£440,000	£453,447	3% below HPI
2017 8 DEC	£350,000	£349,351	Close to HPI

2 DRAKE MEADOWS 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 two 2 DRAKE MEADOWS sales from December 2017 and January 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 December 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2023 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 DRAKE MEADOWS?

2 DRAKE MEADOWS is 114m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses in Churchinford, based on EPC data. The below chart shows the distribution of detached houses by size in Churchinford, and where 2 DRAKE MEADOWS lies on this distribution: 38% of detached houses are smaller than 2 DRAKE MEADOWS, and 53% of houses are larger. Note that EPC data is not available for all properties in Churchinford.

2 DRAKE MEADOWS: Plot and Title Map

2 DRAKE MEADOWS sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 2 DRAKE MEADOWS, 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 DRAKE MEADOWS). 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 DRAKE MEADOWS?

2 DRAKE MEADOWS is located in CHURCHINFORD, in the TA3 postcode district. The below map shows the position of No. 2 on DRAKE MEADOWS.