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
3 COLE CLOSE is a large detached house of 149m², built sometime between 2003 and 2006. It was last sold for £335,000 in August 2017, which was around 2% below the average August 2017 detached price in the Somerset local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 3 COLE CLOSE since 1st 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. One of the two 3 COLE CLOSE sales was for below the average price, whilst the other 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 |
---|---|---|---|
2017 10 AUG | £335,000 | £342,545 | 2% below HPI |
2014 2 JUN | £290,000 | £287,903 | 1% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 3 COLE CLOSE sales from June 2014 and August 2017 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 June 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2017 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
3 COLE CLOSE is 149m² according to the EPC inspection conducted in January 2014. This puts it in the largest 20% of detached houses in Nether Stowey, based on EPC data. The below chart shows the distribution of detached houses by size in Nether Stowey, and where 3 COLE CLOSE lies on this distribution: 80% of detached houses are smaller than 3 COLE CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Nether Stowey.
3 COLE CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 3 COLE CLOSE, 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 3 COLE CLOSE). 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.
3 COLE CLOSE is located in NETHER STOWEY, in the TA5 postcode district. The below map shows the position of No. 3 on COLE CLOSE.