2, SUGGS LANE, BROADWAY, ILMINSTER, TA19 9RJ - £280,000

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 SUGGS LANE is a small detached house of 99m², built sometime between 1967 and 1975. It was last sold for £280,000 in October 2016, which was around 14% below the average October 2016 detached price in the Somerset local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

2 SUGGS LANE Sold Prices

Land registry data shows two sales for 2 SUGGS LANE 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 SUGGS LANE 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 4 OCT	£280,000	£326,839	14% below HPI
2002 8 FEB	£126,100	£162,170	22% below HPI

2 SUGGS LANE 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 SUGGS LANE sales from February 2002 and October 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 February 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 SUGGS LANE?

2 SUGGS LANE is 99m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses in Broadway, based on EPC data. The below chart shows the distribution of detached houses by size in Broadway, and where 2 SUGGS LANE lies on this distribution: 28% of detached houses are smaller than 2 SUGGS LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Broadway.

2 SUGGS LANE: Plot and Title Map

2 SUGGS LANE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 2 SUGGS LANE, 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 SUGGS LANE). 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 SUGGS LANE?

2 SUGGS LANE is located in BROADWAY, in the TA19 postcode district. The below map shows the position of No. 2 on SUGGS LANE.