3, HOLLYCROFT, MELLS, FROME, BA11 3PJ - £650,000

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

3 HOLLYCROFT is a very small semi-detached house of 95m², built sometime before 1900. It was last sold for £650,000 in January 2019, which was around 81% above the average January 2019 detached price in the Somerset local authority area. The most recent EPC inspection was March 2011, where the current energy rating was F, and the potential energy rating was E.

3 HOLLYCROFT Sold Prices

Land registry data shows three sales for 3 HOLLYCROFT 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 HOLLYCROFT 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
2019 15 JAN	£650,000	£358,974	81% above HPI
2012 24 FEB	£380,000	£264,233	44% above HPI
1997 7 JUL	£149,000	£93,390	60% above HPI

3 HOLLYCROFT 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 HOLLYCROFT sales between July 1997 and January 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 February 2012 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the January 2019 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 3 HOLLYCROFT?

3 HOLLYCROFT is 95m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Mells, based on EPC data. The below chart shows the distribution of detached houses by size in Mells, and where 3 HOLLYCROFT lies on this distribution: Less than 1% of detached houses are smaller than 3 HOLLYCROFT, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Mells.

3 HOLLYCROFT: Plot and Title Map

3 HOLLYCROFT sits on a plot of roughly 0.225 of an acre, or 912m². The below map shows the location of 3 HOLLYCROFT, 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 HOLLYCROFT). 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 HOLLYCROFT?

3 HOLLYCROFT is located in MELLS, in the BA11 postcode district. The below map shows the position of No. 3 on HOLLYCROFT.