55, GREENWAY, MONKTON HEATHFIELD, TAUNTON, TA2 8NQ - £434,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

55 GREENWAY is a very large detached house of 161m², built sometime between 1967 and 1975, which could now be worth an estimated £551,509. It was last sold for £434,950 in May 2018, which was around 20% above 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.

55 GREENWAY Sold Prices

Land registry data shows three sales for 55 GREENWAY 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 55 GREENWAY 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
2018 10 MAY	£434,950	£361,121	20% above HPI
2008 12 SEP	£425,000	£285,148	49% above HPI
1998 4 DEC	£145,000	£108,511	34% above HPI

55 GREENWAY 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 55 GREENWAY sales between December 1998 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 September 2008 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2018 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 55 GREENWAY be worth now?

55 GREENWAY might now be worth an estimated £551,509.

This is based on house price inflation of 26.8%, between May 2018 and December 2024, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.8% inflationary increase is applied to the most recent sale price for 55 GREENWAY of £434,950 on 10th May 2018. For the value to have increased from £434,950 to £551,509 over the five years and five months to December 2024, the following assumptions must hold true:

• The value of 55 GREENWAY has moved in line with the HPI for detached houses in the Somerset local authority area.
• The May 2018 sale price of £434,950 represented a fair market value for the property.
• The size, condition, and specification of 55 GREENWAY has not materially changed since May 2018.

How Large is 55 GREENWAY?

55 GREENWAY is 161m² according to the EPC inspection conducted in March 2013. This puts it in the largest 20% of detached houses houses in Monkton Heathfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Monkton Heathfield, and where 55 GREENWAY lies on this distribution: 89% of detached houses houses are smaller than 55 GREENWAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Monkton Heathfield.

55 GREENWAY: Plot and Title Map

55 GREENWAY sits on a plot of roughly 0.231 of an acre, or 935m². The below map shows the location of 55 GREENWAY, 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 55 GREENWAY). 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 55 GREENWAY?

55 GREENWAY is located in MONKTON HEATHFIELD, in the TA2 postcode district. The below map shows the position of No. 55 on GREENWAY.