5, ROPE WALK, MARTOCK, TA12 6HZ - £265,000

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 ROPE WALK is a very small detached house of 82m², built sometime between 1991 and 1995. It was last sold for £265,000 in May 2018, which was around 24% below the average May 2018 detached price in the Somerset local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

5 ROPE WALK Sold Prices

Land registry data shows three sales for 5 ROPE WALK 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 ROPE WALK 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
2018 10 MAY	£265,000	£350,095	24% below HPI
2014 31 MAR	£195,000	£280,146	30% below HPI
1995 15 DEC	£79,950	£82,865	4% below HPI

5 ROPE WALK 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 ROPE WALK sales between December 1995 and May 2018 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 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 ROPE WALK?

5 ROPE WALK is 82m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Martock, based on EPC data. The below chart shows the distribution of detached houses by size in Martock, and where 5 ROPE WALK lies on this distribution: 13% of detached houses are smaller than 5 ROPE WALK, and 87% of houses are larger. Note that EPC data is not available for all properties in Martock.

5 ROPE WALK: Plot and Title Map

5 ROPE WALK sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 5 ROPE WALK, 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 ROPE WALK). 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 ROPE WALK?

5 ROPE WALK is located in MARTOCK, in the TA12 postcode district. The below map shows the position of No. 5 on ROPE WALK.