37, SPENCER DRIVE, MIDSOMER NORTON, RADSTOCK, BA3 2DN - £190,000

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

37 SPENCER DRIVE is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £190,000 in July 2012, which was around 52% below the average July 2012 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

37 SPENCER DRIVE Sold Prices

Land registry data shows two sales for 37 SPENCER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. Both of the two 37 SPENCER DRIVE 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
2012 13 JUL	£190,000	£398,789	52% below HPI
2007 30 AUG	£194,000	£400,075	52% below HPI

37 SPENCER DRIVE 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 two 37 SPENCER DRIVE sales from August 2007 and July 2012 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 August 2007 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the July 2012 sale, which was also at 52% below the HPI.

How Large is 37 SPENCER DRIVE?

37 SPENCER DRIVE is 70m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% 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 37 SPENCER DRIVE lies on this distribution: 7% of detached houses are smaller than 37 SPENCER DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.

37 SPENCER DRIVE: Plot and Title Map

37 SPENCER DRIVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 37 SPENCER DRIVE, 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 37 SPENCER DRIVE). 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 37 SPENCER DRIVE?

37 SPENCER DRIVE is located in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of No. 37 on SPENCER DRIVE.