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
46 NEW ROAD is a small extended semi-detached house of 122m², built sometime before 1900. It was last sold for £349,000 in June 2023, which was around 20% below the average June 2023 detached price in the Somerset local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows six sales for 46 NEW ROAD since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Most of the six 46 NEW ROAD 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 |
---|---|---|---|
2023 14 JUN | £349,000 | £435,274 | 20% below HPI |
2015 9 OCT | £250,000 | £309,594 | 19% below HPI |
2012 5 APR | £232,000 | £265,727 | 13% below HPI |
2006 4 DEC | £248,500 | £278,068 | 11% below HPI |
2005 21 MAR | £234,000 | £253,981 | 8% below HPI |
1997 2 DEC | £117,000 | £97,751 | 20% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The six 46 NEW ROAD sales between December 1997 and June 2023 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 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
46 NEW ROAD is 122m², which includes three extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of detached houses in Bawdrip, based on EPC data. The below chart shows the distribution of detached houses by size in Bawdrip, and where 46 NEW ROAD lies on this distribution: 28% of detached houses are smaller than 46 NEW ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Bawdrip.
46 NEW ROAD sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 46 NEW ROAD, 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 46 NEW ROAD). 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.
46 NEW ROAD is located in BAWDRIP, in the TA7 postcode district. The below map shows the position of No. 46 on NEW ROAD.