2, WATER STREET, MARTOCK, TA12 6JN - £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 WATER STREET is a very large extended detached house of 147m², built sometime between 1976 and 1982. It was last sold for £320,000 in October 2010, which was around 15% above the average October 2010 detached price in the Somerset local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

2 WATER STREET Sold Prices

Land registry data shows three sales for 2 WATER STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 2 WATER STREET sales were for above 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
2010 14 OCT	£320,000	£278,076	15% above HPI
2004 20 FEB	£275,500	£231,907	19% above HPI
2003 27 OCT	£270,000	£226,579	19% above HPI

2 WATER STREET 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 three 2 WATER STREET sales between October 2003 and October 2010 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 2004 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2010 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 WATER STREET?

2 WATER STREET is 147m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the largest 20% of detached houses in Martock, based on EPC data. The below chart shows the distribution of detached houses by size in Martock, and where 2 WATER STREET lies on this distribution: 83% of detached houses are smaller than 2 WATER STREET, and 17% of houses are larger. Note that EPC data is not available for all properties in Martock.

2 WATER STREET: Plot and Title Map

2 WATER STREET sits on a plot of roughly 0.224 of an acre, or 908m². The below map shows the location of 2 WATER STREET, 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 WATER STREET). 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 WATER STREET?

2 WATER STREET is located in MARTOCK, in the TA12 postcode district. The below map shows the position of No. 2 on WATER STREET.