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 STOWEY ROAD is a midsized extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £270,000 in May 2018, which was around 23% below the average May 2018 detached price in the Somerset local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 2 STOWEY ROAD 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 STOWEY ROAD 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 |
---|---|---|---|
2018 24 MAY | £270,000 | £350,095 | 23% below HPI |
2014 13 MAR | £243,000 | £280,146 | 13% below HPI |
2005 2 NOV | £194,000 | £254,972 | 24% below HPI |
1996 16 AUG | £55,000 | £86,361 | 36% 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 STOWEY ROAD sales between August 1996 and May 2018 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 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
2 STOWEY ROAD is 120m², which includes three extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% of detached houses in Fivehead, based on EPC data. The below chart shows the distribution of detached houses by size in Fivehead, and where 2 STOWEY ROAD lies on this distribution: 45% of detached houses are smaller than 2 STOWEY ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Fivehead.
2 STOWEY ROAD sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 2 STOWEY ROAD, 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 STOWEY ROAD). 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 STOWEY ROAD is located in FIVEHEAD, in the TA3 postcode district. The below map shows the position of No. 2 on STOWEY ROAD.