2, REEVES CLOSE, BATHPOOL, TAUNTON, TA2 8FU - £320,000

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 REEVES CLOSE is a very small detached house of 91m². It was last sold for £320,000 in February 2022, which was around 24% below the average February 2022 detached price in the Somerset local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was A.

2 REEVES CLOSE Sold Prices

Land registry data shows two sales for 2 REEVES CLOSE 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 REEVES CLOSE 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
2022 24 FEB	£320,000	£420,985	24% below HPI
2017 30 MAR	£259,995	£332,739	22% below HPI

2 REEVES CLOSE 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 REEVES CLOSE sales from March 2017 and February 2022 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 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 REEVES CLOSE?

2 REEVES CLOSE is 91m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Monkton Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Monkton Heathfield, and where 2 REEVES CLOSE lies on this distribution: 17% of detached houses are smaller than 2 REEVES CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Monkton Heathfield.

2 REEVES CLOSE: Plot and Title Map

2 REEVES CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 2 REEVES CLOSE, 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 REEVES CLOSE). 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 REEVES CLOSE?

2 REEVES CLOSE is located in BATHPOOL, in the TA2 postcode district. The below map shows the position of No. 2 on REEVES CLOSE.