5, GRANGE PADDOCK, MARK, HIGHBRIDGE, TA9 4RW - £365,000

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.

5 GRANGE PADDOCK is a midsized detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £502,888. It was last sold for £365,000 in August 2016, which was around 9% above the average August 2016 detached price in the Somerset local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

5 GRANGE PADDOCK Sold Prices

Land registry data shows three sales for 5 GRANGE PADDOCK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 5 GRANGE PADDOCK sales were for above 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
2016 26 AUG	£365,000	£334,183	9% above HPI
2008 22 JAN	£325,000	£308,865	5% above HPI
1997 19 DEC	£130,000	£100,829	29% above HPI

5 GRANGE PADDOCK 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 three 5 GRANGE PADDOCK sales between December 1997 and August 2016 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 January 2008 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2016 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 5 GRANGE PADDOCK be worth now?

5 GRANGE PADDOCK might now be worth an estimated £502,888.

This is based on house price inflation of 37.8%, between August 2016 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.8% inflationary increase is applied to the most recent sale price for 5 GRANGE PADDOCK of £365,000 on 26th August 2016. For the value to have increased from £365,000 to £502,888 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 5 GRANGE PADDOCK has moved in line with the HPI for detached houses in the Somerset local authority area.
• The August 2016 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GRANGE PADDOCK has not materially changed since August 2016.

How Large is 5 GRANGE PADDOCK?

5 GRANGE PADDOCK is 113m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% of detached houses houses in Mark, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mark, and where 5 GRANGE PADDOCK lies on this distribution: 45% of detached houses houses are smaller than 5 GRANGE PADDOCK, and 53% of houses are larger. Note that EPC data is not available for all properties in Mark.

5 GRANGE PADDOCK: Plot and Title Map

5 GRANGE PADDOCK sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 5 GRANGE PADDOCK, 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 5 GRANGE PADDOCK). 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 5 GRANGE PADDOCK?

5 GRANGE PADDOCK is located in MARK, in the TA9 postcode district. The below map shows the position of No. 5 on GRANGE PADDOCK.