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
4 SMALLWAYS LANE is a midsized extended detached house of 132m², built sometime before 1900. It was last sold for £400,000 in July 2015, which was around 32% above the average July 2015 detached price in the Somerset local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 4 SMALLWAYS LANE 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. One of the two 4 SMALLWAYS LANE sales was for above the average price, whilst the other was for below 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 |
---|---|---|---|
2015 10 JUL | £400,000 | £302,418 | 32% above HPI |
2011 9 SEP | £166,726 | £274,645 | 39% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 4 SMALLWAYS LANE sales from September 2011 and July 2015 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 September 2011 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2015 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.
4 SMALLWAYS LANE is 132m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses in Chilton Polden, based on EPC data. The below chart shows the distribution of detached houses by size in Chilton Polden, and where 4 SMALLWAYS LANE lies on this distribution: 52% of detached houses are smaller than 4 SMALLWAYS LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Chilton Polden.
4 SMALLWAYS LANE sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 4 SMALLWAYS LANE, 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 SMALLWAYS LANE). 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 SMALLWAYS LANE is located in CHILTON POLDEN, in the TA7 postcode district. The below map shows the position of No. 4 on SMALLWAYS LANE.