20, THE MEADOWS, PORLOCK, MINEHEAD, TA24 8NL - £350,000

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

20 THE MEADOWS is a very small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £350,000 in May 2023, which was around 20% below the average May 2023 detached price in the Somerset local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

20 THE MEADOWS Sold Prices

Land registry data shows three sales for 20 THE MEADOWS 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. Two of the three 20 THE MEADOWS sales were for below the average price, whilst one was 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
2023 25 MAY	£350,000	£438,467	20% below HPI
1997 3 DEC	£89,000	£97,751	9% below HPI
1996 2 OCT	£87,500	£87,059	1% above HPI

20 THE MEADOWS 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 20 THE MEADOWS sales between October 1996 and May 2023 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 December 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 20 THE MEADOWS?

20 THE MEADOWS is 87m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Porlock, based on EPC data. The below chart shows the distribution of detached houses by size in Porlock, and where 20 THE MEADOWS lies on this distribution: 14% of detached houses are smaller than 20 THE MEADOWS, and 85% of houses are larger. Note that EPC data is not available for all properties in Porlock.

20 THE MEADOWS: Plot and Title Map

20 THE MEADOWS sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 20 THE MEADOWS, 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 20 THE MEADOWS). 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 20 THE MEADOWS?

20 THE MEADOWS is located in PORLOCK, in the TA24 postcode district. The below map shows the position of No. 20 on THE MEADOWS.