3, OSBORNE PLACE, MERRIOTT, TA16 5NP - £425,000

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 OSBORNE PLACE is a large extended detached house of 146m², built sometime between 1996 and 2002. It was last sold for £425,000 in February 2017, which was around 29% above the average February 2017 detached price in the Somerset local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was C.

3 OSBORNE PLACE Sold Prices

Land registry data shows two sales for 3 OSBORNE PLACE 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 OSBORNE PLACE 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
2017 28 FEB	£425,000	£329,880	29% above HPI
2000 24 MAR	£155,000	£126,129	23% above HPI

3 OSBORNE PLACE 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 OSBORNE PLACE sales from March 2000 and February 2017 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 March 2000 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2017 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 3 OSBORNE PLACE?

3 OSBORNE PLACE is 146m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 30% of detached houses in Merriott, based on EPC data. The below chart shows the distribution of detached houses by size in Merriott, and where 3 OSBORNE PLACE lies on this distribution: 71% of detached houses are smaller than 3 OSBORNE PLACE, and 29% of houses are larger. Note that EPC data is not available for all properties in Merriott.

3 OSBORNE PLACE: Plot and Title Map

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

3 OSBORNE PLACE is located in MERRIOTT, in the TA16 postcode district. The below map shows the position of No. 3 on OSBORNE PLACE.