Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 PROWSES MEADOW is a very small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £235,000 in September 2017, which was around 32% below the average September 2017 detached price in the Somerset local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows six sales for 2 PROWSES MEADOW since 1st 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 PROWSES MEADOW 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 |
---|---|---|---|
2017 13 SEP | £235,000 | £344,853 | 32% below HPI |
2016 1 MAR | £214,000 | £315,704 | 32% below HPI |
2010 26 OCT | £175,000 | £278,076 | 37% below HPI |
1996 1 AUG | £59,950 | £86,361 | 31% below HPI |
1996 22 MAR | £60,000 | £82,277 | 27% below HPI |
1996 21 MAR | £12,000 | £82,277 | 85% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The six 2 PROWSES MEADOW sales between March 1996 and September 2017 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 March 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2017 sale, which was also at 32% below the HPI.
2 PROWSES MEADOW is 87m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of detached houses in Norton Fitzwarren, based on EPC data. The below chart shows the distribution of detached houses by size in Norton Fitzwarren, and where 2 PROWSES MEADOW lies on this distribution: 11% of detached houses are smaller than 2 PROWSES MEADOW, and 89% of houses are larger. Note that EPC data is not available for all properties in Norton Fitzwarren.
2 PROWSES MEADOW sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 2 PROWSES MEADOW, 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 PROWSES MEADOW). 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 PROWSES MEADOW is located on KINGDOM LANE in NORTON FITZWARREN, in the TA2 postcode district. The below map shows the position of 2 PROWSES MEADOW on KINGDOM LANE.