3, RICKHAY RISE, WEST CHINNOCK, CREWKERNE, TA18 7QJ - £248,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 RICKHAY RISE is a very small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £324,874. It was last sold for £248,000 in July 2017, which was around 29% below the average July 2017 detached price in the Somerset local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

3 RICKHAY RISE Sold Prices

Land registry data shows four sales for 3 RICKHAY RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four 3 RICKHAY RISE 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
2017 4 JUL	£248,000	£349,545	29% below HPI
2013 11 JAN	£187,000	£277,015	32% below HPI
2000 7 SEP	£130,000	£145,130	10% below HPI
1996 12 SEP	£79,500	£89,975	12% below HPI

3 RICKHAY RISE 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 four 3 RICKHAY RISE sales between September 1996 and July 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 January 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 3 RICKHAY RISE be worth now?

3 RICKHAY RISE might now be worth an estimated £324,874.

This is based on house price inflation of 31%, between July 2017 and December 2024, 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 31% inflationary increase is applied to the most recent sale price for 3 RICKHAY RISE of £248,000 on 4th July 2017. For the value to have increased from £248,000 to £324,874 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 3 RICKHAY RISE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The July 2017 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RICKHAY RISE has not materially changed since July 2017.

How Large is 3 RICKHAY RISE?

3 RICKHAY RISE is 86m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses houses in West Chinnock, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Chinnock, and where 3 RICKHAY RISE lies on this distribution: 14% of detached houses houses are smaller than 3 RICKHAY RISE, and 86% of houses are larger. Note that EPC data is not available for all properties in West Chinnock.

3 RICKHAY RISE: Plot and Title Map

3 RICKHAY RISE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 3 RICKHAY RISE, 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 RICKHAY RISE). 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 RICKHAY RISE?

3 RICKHAY RISE is located in WEST CHINNOCK, in the TA18 postcode district. The below map shows the position of No. 3 on RICKHAY RISE.