3, FRANCIS CLOSE, CREECH HEATHFIELD, TAUNTON, TA3 5EL - £315,000

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

3 FRANCIS CLOSE is a midsized extended detached house of 110m², built sometime between 1976 and 1982. It was last sold for £315,000 in November 2020, which was around 18% below the average November 2020 detached price in the Somerset local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

3 FRANCIS CLOSE Sold Prices

Land registry data shows three sales for 3 FRANCIS 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 Somerset local authority area for the corresponding sale date. All of the three 3 FRANCIS 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
2020 26 NOV	£315,000	£383,665	18% below HPI
2007 1 MAY	£250,000	£288,017	13% below HPI
2001 4 JUL	£123,000	£151,039	19% below HPI

3 FRANCIS CLOSE 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 3 FRANCIS CLOSE sales between July 2001 and November 2020 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 May 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 FRANCIS CLOSE?

3 FRANCIS CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Creech Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Creech Heathfield, and where 3 FRANCIS CLOSE lies on this distribution: 49% of detached houses are smaller than 3 FRANCIS CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Creech Heathfield.

3 FRANCIS CLOSE: Plot and Title Map

3 FRANCIS CLOSE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 3 FRANCIS 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 FRANCIS 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 FRANCIS CLOSE?

3 FRANCIS CLOSE is located in CREECH HEATHFIELD, in the TA3 postcode district. The below map shows the position of No. 3 on FRANCIS CLOSE.