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
32 MEAD WAY is a midsized extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £287,000 in August 2014, which was around 2% below the average August 2014 detached price in the Somerset local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 32 MEAD WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. One of the three 32 MEAD WAY sales was for below the average price, whilst two 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 |
---|---|---|---|
2014 1 AUG | £287,000 | £293,680 | 2% below HPI |
2006 24 NOV | £282,000 | £277,741 | 2% above HPI |
1995 17 NOV | £100,000 | £84,097 | 19% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three 32 MEAD WAY sales between November 1995 and August 2014 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 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2014 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
32 MEAD WAY is 115m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Monkton Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Monkton Heathfield, and where 32 MEAD WAY lies on this distribution: 55% of detached houses are smaller than 32 MEAD WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Monkton Heathfield.
32 MEAD WAY sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 32 MEAD WAY, 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 32 MEAD WAY). 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.
32 MEAD WAY is located in MONKTON HEATHFIELD, in the TA2 postcode district. The below map shows the position of No. 32 on MEAD WAY.