41, BROADWAY, MERRIOTT, TA16 5QH - £210,000

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

41 BROADWAY is a very small detached house of 86m², built sometime before 1900. It was last sold for £210,000 in August 2017, which was around 39% below the average August 2017 detached price in the Somerset local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

41 BROADWAY Sold Prices

Land registry data shows four sales for 41 BROADWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four 41 BROADWAY 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
2017 11 AUG	£210,000	£342,545	39% below HPI
2013 4 SEP	£168,000	£278,043	40% below HPI
2003 7 NOV	£135,000	£228,235	41% below HPI
1997 21 FEB	£30,000	£88,377	66% below HPI

41 BROADWAY 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 four 41 BROADWAY sales between February 1997 and August 2017 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 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2017 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 41 BROADWAY?

41 BROADWAY is 86m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in Merriott, based on EPC data. The below chart shows the distribution of detached houses by size in Merriott, and where 41 BROADWAY lies on this distribution: 10% of detached houses are smaller than 41 BROADWAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Merriott.

41 BROADWAY: Plot and Title Map

41 BROADWAY sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 41 BROADWAY, 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 41 BROADWAY). 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 41 BROADWAY?

41 BROADWAY is located in MERRIOTT, in the TA16 postcode district. The below map shows the position of No. 41 on BROADWAY.