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
38 LAVERS OAK is a very large extended detached house of 150m², built sometime between 1996 and 2002. It was last sold for £340,000 in November 2011, which was around 25% above the average November 2011 detached price in the Somerset local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 38 LAVERS OAK 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. All of the three 38 LAVERS OAK 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 |
---|---|---|---|
2011 1 NOV | £340,000 | £272,884 | 25% above HPI |
2003 11 JUN | £245,000 | £215,998 | 13% above HPI |
2000 21 MAR | £146,000 | £126,129 | 16% 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 38 LAVERS OAK sales between March 2000 and November 2011 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 June 2003 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2011 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.
38 LAVERS OAK is 150m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 20% of detached houses in Martock, based on EPC data. The below chart shows the distribution of detached houses by size in Martock, and where 38 LAVERS OAK lies on this distribution: 85% of detached houses are smaller than 38 LAVERS OAK, and 15% of houses are larger. Note that EPC data is not available for all properties in Martock.
38 LAVERS OAK sits on a plot of roughly 0.212 of an acre, or 857m². The below map shows the location of 38 LAVERS OAK, 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 38 LAVERS OAK). 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.
38 LAVERS OAK is located in MARTOCK, in the TA12 postcode district. The below map shows the position of No. 38 on LAVERS OAK.