4, PAGANEL WAY, MINEHEAD, TA24 5HA - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 PAGANEL WAY is a very small extended semi-detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £319,007. It was last sold for £250,000 in December 2018, which was around 10% above the average December 2018 semi-detached price in the Somerset local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

4 PAGANEL WAY Sold Prices

Land registry data shows two sales for 4 PAGANEL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. Both of the two 4 PAGANEL WAY 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
2018 7 DEC	£250,000	£226,856	10% above HPI
2005 26 OCT	£177,500	£164,518	8% above HPI

4 PAGANEL WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Somerset local authority area over time, sourced from the HPI. The two 4 PAGANEL WAY sales from October 2005 and December 2018 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 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2018 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 4 PAGANEL WAY be worth now?

4 PAGANEL WAY might now be worth an estimated £319,007.

This is based on house price inflation of 27.6%, between December 2018 and February 2025, for semi-detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.6% inflationary increase is applied to the most recent sale price for 4 PAGANEL WAY of £250,000 on 7th December 2018. For the value to have increased from £250,000 to £319,007 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 PAGANEL WAY has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The December 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PAGANEL WAY has not materially changed since December 2018.

How Large is 4 PAGANEL WAY?

4 PAGANEL WAY is 68m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of semi-detached houses houses in Minehead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Minehead, and where 4 PAGANEL WAY lies on this distribution: 7% of semi-detached houses houses are smaller than 4 PAGANEL WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Minehead.

4 PAGANEL WAY: Plot and Title Map

4 PAGANEL WAY sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 4 PAGANEL 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 4 PAGANEL 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.

Where is 4 PAGANEL WAY?

4 PAGANEL WAY is located in MINEHEAD, in the TA24 postcode district. The below map shows the position of No. 4 on PAGANEL WAY.