5, UNDERHILL LANE, MIDSOMER NORTON, RADSTOCK, BA3 2RT - £400,000

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 UNDERHILL LANE is a midsized extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £521,952. It was last sold for £400,000 in February 2017, which was around 26% below the average February 2017 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

5 UNDERHILL LANE Sold Prices

Land registry data shows two sales for 5 UNDERHILL LANE 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 UNDERHILL LANE 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
2017 17 FEB	£400,000	£539,319	26% below HPI
2010 22 OCT	£223,000	£397,883	44% below HPI

5 UNDERHILL LANE 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 UNDERHILL LANE sales from October 2010 and February 2017 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 October 2010 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2017 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 5 UNDERHILL LANE be worth now?

5 UNDERHILL LANE might now be worth an estimated £521,952.

This is based on house price inflation of 30.5%, between February 2017 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 30.5% inflationary increase is applied to the most recent sale price for 5 UNDERHILL LANE of £400,000 on 17th February 2017. For the value to have increased from £400,000 to £521,952 over the eight years to February 2025, the following assumptions must hold true:

• The value of 5 UNDERHILL LANE has moved in line with the HPI for detached houses in the Bath and North East Somerset local authority area.
• The February 2017 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 5 UNDERHILL LANE has not materially changed since February 2017.

How Large is 5 UNDERHILL LANE?

5 UNDERHILL LANE is 102m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 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 UNDERHILL LANE lies on this distribution: 41% of detached houses houses are smaller than 5 UNDERHILL LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.

5 UNDERHILL LANE: Plot and Title Map

5 UNDERHILL LANE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 5 UNDERHILL LANE, 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 UNDERHILL LANE). 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 UNDERHILL LANE?

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