40, MONGER LANE, MIDSOMER NORTON, RADSTOCK, BA3 2FF - £355,000

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

40 MONGER LANE is a midsized detached house of 113m². It was last sold for £355,000 in May 2019, which was around 36% below the average May 2019 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was A.

40 MONGER LANE Sold Prices

Land registry data shows three sales for 40 MONGER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the three 40 MONGER LANE sales were 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
2019 24 MAY	£355,000	£556,213	36% below HPI
2019 30 APR	£296,777	£561,227	47% below HPI
2017 4 SEP	£296,770	£551,164	46% below HPI

40 MONGER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The three 40 MONGER LANE sales between September 2017 and May 2019 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 April 2019 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2019 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 40 MONGER LANE?

40 MONGER LANE is 113m² according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of detached houses in Midsomer Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Midsomer Norton, and where 40 MONGER LANE lies on this distribution: 56% of detached houses are smaller than 40 MONGER LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.

40 MONGER LANE: Plot and Title Map

40 MONGER LANE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 40 MONGER 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 40 MONGER 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.

Where is 40 MONGER LANE?

40 MONGER LANE is located in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of No. 40 on MONGER LANE.