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 WATER STREET is a very large extended detached house of 176m², built sometime before 1900. It was last sold for £330,000 in August 2016, which was around 2% above the average August 2016 detached price in the Somerset local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 38 WATER STREET since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 38 WATER STREET 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 |
---|---|---|---|
2016 5 AUG | £330,000 | £323,980 | 2% above HPI |
2002 25 OCT | £205,000 | £199,246 | 3% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 38 WATER STREET sales from October 2002 and August 2016 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 October 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2016 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.
38 WATER STREET is 176m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 10% 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 WATER STREET lies on this distribution: 91% of detached houses are smaller than 38 WATER STREET, and 9% of houses are larger. Note that EPC data is not available for all properties in Martock.
38 WATER STREET sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 38 WATER STREET, 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 WATER STREET). 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 WATER STREET is located in MARTOCK, in the TA12 postcode district. The below map shows the position of No. 38 on WATER STREET.