5, HALLAM CLOSE, MIDSOMER NORTON, RADSTOCK, BA3 2FG - £437,500

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 HALLAM CLOSE is a midsized detached house of 113m², which could now be worth an estimated £427,850. It was last sold for £437,500 in December 2022, which was around 39% below the average December 2022 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

5 HALLAM CLOSE Sold Prices

Land registry data shows two sales for 5 HALLAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. Both of the two 5 HALLAM CLOSE 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
2022 2 DEC	£437,500	£719,619	39% below HPI
2018 15 JUN	£340,000	£568,199	40% below HPI

5 HALLAM CLOSE 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 two 5 HALLAM CLOSE sales from June 2018 and December 2022 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 June 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2022 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 5 HALLAM CLOSE be worth now?

5 HALLAM CLOSE might now be worth an estimated £427,850.

This is based on house price deflation of 2.2%, between December 2022 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 2.2% deflationary decrease is applied to the most recent sale price for 5 HALLAM CLOSE of £437,500 on 2nd December 2022. For the value to have decreased from £437,500 to £427,850 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 HALLAM CLOSE has moved in line with the HPI for detached houses in the Bath and North East Somerset local authority area.
• The December 2022 sale price of £437,500 represented a fair market value for the property.
• The size, condition, and specification of 5 HALLAM CLOSE has not materially changed since December 2022.

How Large is 5 HALLAM CLOSE?

5 HALLAM CLOSE is 113m² according to the EPC inspection conducted in May 2018. 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 5 HALLAM CLOSE lies on this distribution: 55% of detached houses houses are smaller than 5 HALLAM CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.

5 HALLAM CLOSE: Plot and Title Map

5 HALLAM CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 5 HALLAM CLOSE, 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 HALLAM CLOSE). 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 HALLAM CLOSE?

5 HALLAM CLOSE is located in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of No. 5 on HALLAM CLOSE.