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 THORNER WAY is a large detached house of 163m², built in 2023. It was last sold for £675,000 in May 2024, which was around 55% above the average May 2024 detached price in the Somerset local authority area. The most recent EPC inspection was May 2023, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 5 THORNER WAY 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 THORNER WAY 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 |
---|---|---|---|
2024 17 MAY | £675,000 | £435,178 | 55% above HPI |
2016 16 NOV | £495,000 | £328,423 | 51% above 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 THORNER WAY sales from November 2016 and May 2024 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 November 2016 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the May 2024 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.
5 THORNER WAY is 163m² according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses in Chilcompton, based on EPC data. The below chart shows the distribution of detached houses by size in Chilcompton, and where 5 THORNER WAY lies on this distribution: 73% of detached houses are smaller than 5 THORNER WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Chilcompton.
5 THORNER WAY sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of 5 THORNER 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 THORNER 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.
5 THORNER WAY is located in CHILCOMPTON, in the BA3 postcode district. The below map shows the position of No. 5 on THORNER WAY.