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 PARK CRESCENT is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £209,000 in June 2014, which was around 27% below the average June 2014 detached price in the Somerset local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 2 PARK CRESCENT since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four 2 PARK CRESCENT 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 |
---|---|---|---|
2014 19 JUN | £209,000 | £287,903 | 27% below HPI |
2011 7 NOV | £172,000 | £272,884 | 37% below HPI |
1998 21 OCT | £74,500 | £105,546 | 29% below HPI |
1995 20 DEC | £64,000 | £82,865 | 23% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The four 2 PARK CRESCENT sales between December 1995 and June 2014 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 November 2011 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2014 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
2 PARK CRESCENT is 66m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Cossington, based on EPC data. The below chart shows the distribution of detached houses by size in Cossington, and where 2 PARK CRESCENT lies on this distribution: 7% of detached houses are smaller than 2 PARK CRESCENT, and 93% of houses are larger. Note that EPC data is not available for all properties in Cossington.
2 PARK CRESCENT sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of 2 PARK CRESCENT, 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 PARK CRESCENT). 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 PARK CRESCENT is located in COSSINGTON, in the TA7 postcode district. The below map shows the position of No. 2 on PARK CRESCENT.