3, GREENDITCH CLOSE, CHILCOMPTON, RADSTOCK, BA3 4EQ - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 GREENDITCH CLOSE is a small detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £476,814. It was last sold for £295,000 in September 2011, which was around 4% above the average September 2011 detached price in the Somerset local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

3 GREENDITCH CLOSE Sold Prices

Land registry data shows two sales for 3 GREENDITCH CLOSE since 1^st 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. Both of the two 3 GREENDITCH CLOSE sales were 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
2011 1 SEP	£295,000	£283,295	4% above HPI
1997 28 MAY	£120,000	£94,346	27% above HPI

3 GREENDITCH 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 two 3 GREENDITCH CLOSE sales from May 1997 and September 2011 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 1997 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the September 2011 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 GREENDITCH CLOSE be worth now?

3 GREENDITCH CLOSE might now be worth an estimated £476,814.

This is based on house price inflation of 61.6%, between September 2011 and December 2024, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.6% inflationary increase is applied to the most recent sale price for 3 GREENDITCH CLOSE of £295,000 on 1st September 2011. For the value to have increased from £295,000 to £476,814 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of 3 GREENDITCH CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2011 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GREENDITCH CLOSE has not materially changed since September 2011.

How Large is 3 GREENDITCH CLOSE?

3 GREENDITCH CLOSE is 109m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses houses in Chilcompton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilcompton, and where 3 GREENDITCH CLOSE lies on this distribution: 30% of detached houses houses are smaller than 3 GREENDITCH CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Chilcompton.

3 GREENDITCH CLOSE: Plot and Title Map

3 GREENDITCH CLOSE sits on a plot of roughly 0.254 of an acre, or 1,028m². The below map shows the location of 3 GREENDITCH 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 GREENDITCH 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 GREENDITCH CLOSE?

3 GREENDITCH CLOSE is located in CHILCOMPTON, in the BA3 postcode district. The below map shows the position of No. 3 on GREENDITCH CLOSE.