3, THE LEAT, BISHOPS LYDEARD, TAUNTON, TA4 3NY - £350,000

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 THE LEAT is a very large detached house of 155m², built sometime between 1976 and 1982. It was last sold for £350,000 in August 2023, which was around 21% below the average August 2023 detached price in the Somerset local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

3 THE LEAT Sold Prices

Land registry data shows two sales for 3 THE LEAT 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 THE LEAT 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 AUG	£350,000	£443,715	21% below HPI
2016 16 NOV	£255,000	£328,423	22% below HPI

3 THE LEAT 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 THE LEAT sales from November 2016 and August 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 November 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 THE LEAT?

3 THE LEAT is 155m² according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses in Bishops Lydeard, based on EPC data. The below chart shows the distribution of detached houses by size in Bishops Lydeard, and where 3 THE LEAT lies on this distribution: 80% of detached houses are smaller than 3 THE LEAT, and 20% of houses are larger. Note that EPC data is not available for all properties in Bishops Lydeard.

3 THE LEAT: Plot and Title Map

3 THE LEAT sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 3 THE LEAT, 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 THE LEAT). 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 THE LEAT?

3 THE LEAT is located in BISHOPS LYDEARD, in the TA4 postcode district. The below map shows the position of No. 3 on THE LEAT.