3, FOLLY CLOSE, MIDSOMER NORTON, RADSTOCK, BA3 2LB - £347,500

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 FOLLY CLOSE is a midsized detached house of 109m², built sometime between 2003 and 2006. It was last sold for £347,500 in October 2019, which was around 38% below the average October 2019 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

3 FOLLY CLOSE Sold Prices

Land registry data shows three sales for 3 FOLLY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the three 3 FOLLY CLOSE 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
2019 16 OCT	£347,500	£559,161	38% below HPI
2019 27 SEP	£358,000	£559,843	36% below HPI
2004 26 NOV	£275,000	£334,294	18% below HPI

3 FOLLY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The three 3 FOLLY CLOSE sales between November 2004 and October 2019 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 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 3 FOLLY CLOSE?

3 FOLLY CLOSE is 109m² according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of detached houses in Midsomer Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Midsomer Norton, and where 3 FOLLY CLOSE lies on this distribution: 52% of detached houses are smaller than 3 FOLLY CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.

3 FOLLY CLOSE: Plot and Title Map

3 FOLLY CLOSE sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of 3 FOLLY 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 FOLLY 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.

Where is 3 FOLLY CLOSE?

3 FOLLY CLOSE is located in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of No. 3 on FOLLY CLOSE.