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 LIPPETTS WAY is a midsized detached house of 144m², built sometime between 1930 and 1949. It was last sold for £635,000 in February 2021, which was around 64% above the average February 2021 detached price in the Somerset local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 3 LIPPETTS WAY since 1st 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 LIPPETTS WAY 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 |
---|---|---|---|
2021 26 FEB | £635,000 | £387,601 | 64% above HPI |
2006 4 DEC | £375,000 | £278,068 | 35% above HPI |
1997 22 DEC | £134,750 | £97,751 | 38% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three 3 LIPPETTS WAY sales between December 1997 and February 2021 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 December 2006 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2021 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.
3 LIPPETTS WAY is 144m² according to the EPC inspection conducted in November 2020. This puts it in the largest 50% of detached houses in Catcott, based on EPC data. The below chart shows the distribution of detached houses by size in Catcott, and where 3 LIPPETTS WAY lies on this distribution: 54% of detached houses are smaller than 3 LIPPETTS WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Catcott.
3 LIPPETTS WAY sits on a plot of roughly 0.319 of an acre, or 1,293m². The below map shows the location of 3 LIPPETTS WAY, 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 LIPPETTS WAY). 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 LIPPETTS WAY is located in CATCOTT, in the TA7 postcode district. The below map shows the position of No. 3 on LIPPETTS WAY.