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
5 NEW ROAD is a small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £55,000 in October 1996, which was around 37% below the average October 1996 detached price in the Somerset local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 5 NEW ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 5 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 |
---|---|---|---|
1996 25 OCT | £55,000 | £87,059 | 37% below HPI |
1995 22 SEP | £46,500 | £84,147 | 45% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 5 NEW ROAD sales from September 1995 and October 1996 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 1995 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 1996 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.
5 NEW ROAD is 80m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Stoford, based on EPC data. The below chart shows the distribution of detached houses by size in Stoford, and where 5 NEW ROAD lies on this distribution: 24% of detached houses are smaller than 5 NEW ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Stoford.
5 NEW ROAD sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 5 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 5 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.
5 NEW ROAD is located in STOFORD, in the BA22 postcode district. The below map shows the position of No. 5 on NEW ROAD.