4, ROPE WALK, MARTOCK, TA12 6HZ - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 ROPE WALK is a large detached house of 127m², built sometime between 1991 and 1995, which could now be worth an estimated £385,939. It was last sold for £225,000 in August 2009, which was around 16% below the average August 2009 detached price in the Somerset local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

4 ROPE WALK Sold Prices

Land registry data shows three sales for 4 ROPE WALK since 1^st 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. Two of the three 4 ROPE WALK sales were for below the average price, whilst one was 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
2009 3 AUG	£225,000	£266,950	16% below HPI
1999 4 OCT	£121,500	£123,953	2% below HPI
1997 28 FEB	£99,000	£91,161	9% above HPI

4 ROPE WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three 4 ROPE WALK sales between February 1997 and August 2009 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 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2009 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 4 ROPE WALK be worth now?

4 ROPE WALK might now be worth an estimated £385,939.

This is based on house price inflation of 71.5%, between August 2009 and December 2024, for 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 71.5% inflationary increase is applied to the most recent sale price for 4 ROPE WALK of £225,000 on 3rd August 2009. For the value to have increased from £225,000 to £385,939 over the fourteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 ROPE WALK has moved in line with the HPI for detached houses in the Somerset local authority area.
• The August 2009 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ROPE WALK has not materially changed since August 2009.

How Large is 4 ROPE WALK?

4 ROPE WALK is 127m² according to the EPC inspection conducted in June 2014. This puts it in the largest 40% of detached houses houses in Martock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Martock, and where 4 ROPE WALK lies on this distribution: 68% of detached houses houses are smaller than 4 ROPE WALK, and 31% of houses are larger. Note that EPC data is not available for all properties in Martock.

4 ROPE WALK: Plot and Title Map

4 ROPE WALK sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 4 ROPE WALK, 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 ROPE WALK). 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 ROPE WALK?

4 ROPE WALK is located in MARTOCK, in the TA12 postcode district. The below map shows the position of No. 4 on ROPE WALK.