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
4 PARSONS MEAD is a small extended detached house of 146m², built sometime between 1967 and 1975. It was last sold for £726,000 in August 2021, which was around 64% above the average August 2021 detached price in the North Somerset local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 4 PARSONS MEAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. All of the four 4 PARSONS MEAD 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 |
---|---|---|---|
2021 6 AUG | £726,000 | £443,624 | 64% above HPI |
2016 27 MAY | £550,000 | £371,685 | 48% above HPI |
2015 2 OCT | £450,000 | £351,714 | 28% above HPI |
2001 31 MAY | £217,500 | £161,171 | 35% above HPI |
The below graph shows the average detached house price in the North Somerset local authority area over time, sourced from the HPI. The four 4 PARSONS MEAD sales between May 2001 and August 2021 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 May 2016 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the August 2021 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.
4 PARSONS MEAD is 146m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses in Flax Bourton, based on EPC data. The below chart shows the distribution of detached houses by size in Flax Bourton, and where 4 PARSONS MEAD lies on this distribution: 37% of detached houses are smaller than 4 PARSONS MEAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Flax Bourton.
4 PARSONS MEAD sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 4 PARSONS MEAD, 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 PARSONS MEAD). 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.
4 PARSONS MEAD is located in FLAX BOURTON, in the BS48 postcode district. The below map shows the position of No. 4 on PARSONS MEAD.