2, OAKE BRIDGE FARM COTTAGES, OAKE, TAUNTON, TA4 1AY - £245,000

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 OAKE BRIDGE FARM COTTAGES is a small extended detached house of 91m², built sometime between 1991 and 1995. It was last sold for £245,000 in November 2016, which was around 25% below the average November 2016 detached price in the Somerset local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

2 OAKE BRIDGE FARM COTTAGES Sold Prices

Land registry data shows two sales for 2 OAKE BRIDGE FARM COTTAGES 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. Both of the two 2 OAKE BRIDGE FARM COTTAGES 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
2016 30 NOV	£245,000	£328,423	25% below HPI
2000 11 SEP	£115,500	£140,699	18% below HPI

2 OAKE BRIDGE FARM COTTAGES 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 OAKE BRIDGE FARM COTTAGES sales from September 2000 and November 2016 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 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 OAKE BRIDGE FARM COTTAGES?

2 OAKE BRIDGE FARM COTTAGES is 91m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses in Oake, based on EPC data. The below chart shows the distribution of detached houses by size in Oake, and where 2 OAKE BRIDGE FARM COTTAGES lies on this distribution: 26% of detached houses are smaller than 2 OAKE BRIDGE FARM COTTAGES, and 74% of houses are larger. Note that EPC data is not available for all properties in Oake.

2 OAKE BRIDGE FARM COTTAGES: Plot and Title Map

2 OAKE BRIDGE FARM COTTAGES sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 2 OAKE BRIDGE FARM COTTAGES, 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 OAKE BRIDGE FARM COTTAGES). 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 OAKE BRIDGE FARM COTTAGES?

2 OAKE BRIDGE FARM COTTAGES is located in OAKE, in the TA4 postcode district. The below map shows the position of No. 2 on OAKE BRIDGE FARM COTTAGES.