3, UNDERHILL LANE, MIDSOMER NORTON, RADSTOCK, BA3 2RT - £340,000

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 UNDERHILL LANE is a small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £340,000 in May 2018, which was around 40% below the average May 2018 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

3 UNDERHILL LANE Sold Prices

Land registry data shows three sales for 3 UNDERHILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the three 3 UNDERHILL LANE 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 30 MAY	£340,000	£566,452	40% below HPI
2015 25 NOV	£315,000	£489,997	36% below HPI
2014 4 APR	£238,000	£417,050	43% below HPI

3 UNDERHILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The three 3 UNDERHILL LANE sales between April 2014 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 November 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 3 UNDERHILL LANE?

3 UNDERHILL LANE is 101m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Midsomer Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Midsomer Norton, and where 3 UNDERHILL LANE lies on this distribution: 40% of detached houses are smaller than 3 UNDERHILL LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.

3 UNDERHILL LANE: Plot and Title Map

3 UNDERHILL LANE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 3 UNDERHILL LANE, 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 UNDERHILL LANE). 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 UNDERHILL LANE?

3 UNDERHILL LANE is located in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of No. 3 on UNDERHILL LANE.