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 WEARES LANE is a midsized detached house of 121m². It was last sold for £449,000 in May 2013, which was around 65% above the average May 2013 detached price in the Somerset local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 3 WEARES LANE since 1st 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 WEARES LANE sales were for above 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 |
---|---|---|---|
2013 9 MAY | £449,000 | £271,781 | 65% above HPI |
2011 18 MAY | £415,000 | £271,335 | 53% above HPI |
2007 4 APR | £434,000 | £283,821 | 53% above HPI |
2002 11 JAN | £238,000 | £161,282 | 48% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The four 3 WEARES LANE sales between January 2002 and May 2013 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 May 2011 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the May 2013 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.
3 WEARES LANE is 121m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 50% of detached houses in Catcott, based on EPC data. The below chart shows the distribution of detached houses by size in Catcott, and where 3 WEARES LANE lies on this distribution: 42% of detached houses are smaller than 3 WEARES LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Catcott.
3 WEARES LANE sits on a plot of roughly 0.457 of an acre, or 1,847m². The below map shows the location of 3 WEARES 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 WEARES 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.
3 WEARES LANE is located in CATCOTT, in the TA7 postcode district. The below map shows the position of No. 3 on WEARES LANE.