29, MEAD WAY, MONKTON HEATHFIELD, TAUNTON, TA2 8LT - £345,000

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

29 MEAD WAY is a small detached house of 105m², built sometime between 1996 and 2002. It was last sold for £345,000 in October 2018, which was around 4% below the average October 2018 detached price in the Somerset local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

29 MEAD WAY Sold Prices

Land registry data shows three sales for 29 MEAD WAY 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 29 MEAD WAY 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
2018 4 OCT	£345,000	£360,682	4% below HPI
2012 24 SEP	£250,000	£273,958	9% below HPI
1997 11 APR	£101,350	£90,858	12% above HPI

29 MEAD WAY 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 29 MEAD WAY sales between April 1997 and October 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 September 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 29 MEAD WAY?

29 MEAD WAY is 105m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% 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 29 MEAD WAY lies on this distribution: 39% of detached houses are smaller than 29 MEAD WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Monkton Heathfield.

29 MEAD WAY: Plot and Title Map

29 MEAD WAY sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 29 MEAD WAY, 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 29 MEAD WAY). 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 29 MEAD WAY?

29 MEAD WAY is located in MONKTON HEATHFIELD, in the TA2 postcode district. The below map shows the position of No. 29 on MEAD WAY.