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

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.

40 MONGER LANE is a midsized detached house of 113m², which could now be worth an estimated £444,442. It was last sold for £355,000 in May 2019, which was around 37% 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	£562,121	37% below HPI
2019 30 APR	£296,777	£567,188	48% below HPI
2017 4 SEP	£296,770	£557,018	47% 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 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2019 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 40 MONGER LANE be worth now?

40 MONGER LANE might now be worth an estimated £444,442.

This is based on house price inflation of 25.2%, between May 2019 and February 2025, for detached houses, in the Bath and North East Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.2% inflationary increase is applied to the most recent sale price for 40 MONGER LANE of £355,000 on 24th May 2019. For the value to have increased from £355,000 to £444,442 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 40 MONGER LANE has moved in line with the HPI for detached houses in the Bath and North East Somerset local authority area.
• The May 2019 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MONGER LANE has not materially changed since May 2019.

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 houses in Midsomer Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Midsomer Norton, and where 40 MONGER LANE lies on this distribution: 55% of detached houses houses are smaller than 40 MONGER LANE, and 42% 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.