3, PROWSES MEADOW, KINGDOM LANE, NORTON FITZWARREN, TAUNTON, TA2 6QP - £223,000

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 PROWSES MEADOW is a large extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £223,000 in March 2023, which was around 50% below the average March 2023 detached price in the Somerset local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

3 PROWSES MEADOW Sold Prices

Land registry data shows five sales for 3 PROWSES MEADOW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the five 3 PROWSES MEADOW 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
2023 8 MAR	£223,000	£448,405	50% below HPI
2009 9 FEB	£240,000	£250,960	4% below HPI
2002 13 SEP	£120,000	£195,071	38% below HPI
1999 8 OCT	£83,500	£120,169	31% below HPI
1996 2 FEB	£69,000	£82,030	16% below HPI

3 PROWSES MEADOW 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 five 3 PROWSES MEADOW sales between February 1996 and March 2023 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 2009 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2023 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 3 PROWSES MEADOW?

3 PROWSES MEADOW is 123m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 40% of detached houses in Norton Fitzwarren, based on EPC data. The below chart shows the distribution of detached houses by size in Norton Fitzwarren, and where 3 PROWSES MEADOW lies on this distribution: 68% of detached houses are smaller than 3 PROWSES MEADOW, and 32% of houses are larger. Note that EPC data is not available for all properties in Norton Fitzwarren.

3 PROWSES MEADOW: Plot and Title Map

3 PROWSES MEADOW sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 3 PROWSES MEADOW, 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 PROWSES MEADOW). 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 PROWSES MEADOW?

3 PROWSES MEADOW is located on KINGDOM LANE in NORTON FITZWARREN, in the TA2 postcode district. The below map shows the position of 3 PROWSES MEADOW on KINGDOM LANE.