3, PARK ROAD, HENSTRIDGE, TEMPLECOMBE, BA8 0QP - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 PARK ROAD is a very small detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £408,000. It was last sold for £320,000 in May 2018, which was around 11% below the average May 2018 detached price in the Somerset local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

3 PARK ROAD Sold Prices

Land registry data shows two sales for 3 PARK ROAD 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 PARK ROAD sales were for below 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
2018 4 MAY	£320,000	£361,121	11% below HPI
2005 21 JUN	£210,000	£260,840	19% below HPI

3 PARK ROAD 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 PARK ROAD sales from June 2005 and May 2018 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 June 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 PARK ROAD be worth now?

3 PARK ROAD might now be worth an estimated £408,000.

This is based on house price inflation of 27.5%, between May 2018 and February 2025, 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 27.5% inflationary increase is applied to the most recent sale price for 3 PARK ROAD of £320,000 on 4th May 2018. For the value to have increased from £320,000 to £408,000 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 3 PARK ROAD has moved in line with the HPI for detached houses in the Somerset local authority area.
• The May 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARK ROAD has not materially changed since May 2018.

How Large is 3 PARK ROAD?

3 PARK ROAD is 83m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses houses in Henstridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Henstridge, and where 3 PARK ROAD lies on this distribution: 10% of detached houses houses are smaller than 3 PARK ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Henstridge.

3 PARK ROAD: Plot and Title Map

3 PARK ROAD sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of 3 PARK ROAD, 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 PARK ROAD). 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 PARK ROAD?

3 PARK ROAD is located in HENSTRIDGE, in the BA8 postcode district. The below map shows the position of No. 3 on PARK ROAD.