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 LOWER ORCHARD is a small semi-detached house of 128m², built sometime between 1996 and 2002. It was last sold for £600,000 in August 2023, which was around 35% above the average August 2023 detached price in the Somerset local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 2 LOWER ORCHARD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 2 LOWER ORCHARD sales were for above 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 18 AUG | £600,000 | £443,670 | 35% above HPI |
2016 6 SEP | £440,000 | £324,930 | 35% above HPI |
2001 30 MAR | £217,500 | £140,327 | 55% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three 2 LOWER ORCHARD sales between March 2001 and August 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 September 2016 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2023 sale, which was also at 35% above the HPI.
2 LOWER ORCHARD is 128m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of detached houses in Barrington, based on EPC data. The below chart shows the distribution of detached houses by size in Barrington, and where 2 LOWER ORCHARD lies on this distribution: 32% of detached houses are smaller than 2 LOWER ORCHARD, and 68% of houses are larger. Note that EPC data is not available for all properties in Barrington.
2 LOWER ORCHARD sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 2 LOWER ORCHARD, 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 LOWER ORCHARD). 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 LOWER ORCHARD is located in BARRINGTON, in the TA19 postcode district. The below map shows the position of No. 2 on LOWER ORCHARD.