5, PATRICKS WAY, TRULL, TAUNTON, TA3 7HQ - £620,000

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

5 PATRICKS WAY is a very small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £620,000 in January 2023, which was around 37% above the average January 2023 detached price in the Somerset local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

5 PATRICKS WAY Sold Prices

Land registry data shows three sales for 5 PATRICKS WAY 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. Two of the three 5 PATRICKS WAY sales were for above the average price, whilst one was 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 5 JAN	£620,000	£453,447	37% above HPI
2016 9 MAR	£285,000	£315,704	10% below HPI
1998 21 JAN	£105,000	£98,800	6% above HPI

5 PATRICKS WAY 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 PATRICKS WAY sales between January 1998 and January 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 March 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2023 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 5 PATRICKS WAY?

5 PATRICKS WAY is 96m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Trull, based on EPC data. The below chart shows the distribution of detached houses by size in Trull, and where 5 PATRICKS WAY lies on this distribution: 20% of detached houses are smaller than 5 PATRICKS WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Trull.

5 PATRICKS WAY: Plot and Title Map

5 PATRICKS WAY sits on a plot of roughly 0.243 of an acre, or 985m². The below map shows the location of 5 PATRICKS WAY, 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 PATRICKS WAY). 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 PATRICKS WAY?

5 PATRICKS WAY is located in TRULL, in the TA3 postcode district. The below map shows the position of No. 5 on PATRICKS WAY.