3, NEWLANDS, BROADWAY, CHILCOMPTON, RADSTOCK, BA3 4TW - £510,000

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 NEWLANDS is a very large detached house of 174m², built sometime between 1996 and 2002. It was last sold for £510,000 in July 2020, which was around 40% above the average July 2020 detached price in the Somerset local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

3 NEWLANDS Sold Prices

Land registry data shows three sales for 3 NEWLANDS 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 NEWLANDS 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
2020 13 JUL	£510,000	£363,755	40% above HPI
2018 14 NOV	£470,000	£360,810	30% above HPI
2001 13 JUL	£250,000	£151,039	66% above HPI

3 NEWLANDS 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 NEWLANDS sales between July 2001 and July 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 November 2018 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2020 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 3 NEWLANDS?

3 NEWLANDS is 174m² according to the EPC inspection conducted in February 2012. This puts it in the largest 20% of detached houses in Chilcompton, based on EPC data. The below chart shows the distribution of detached houses by size in Chilcompton, and where 3 NEWLANDS lies on this distribution: 80% of detached houses are smaller than 3 NEWLANDS, and 20% of houses are larger. Note that EPC data is not available for all properties in Chilcompton.

3 NEWLANDS: Plot and Title Map

3 NEWLANDS sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 3 NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

3 NEWLANDS is located on BROADWAY in CHILCOMPTON, in the BA3 postcode district. The below map shows the position of 3 NEWLANDS on BROADWAY.