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
7 CRANWELL CLOSE is a very small extended detached house of 84m², built sometime between 1976 and 1982. It was last sold for £335,000 in January 2022, which was around 20% below the average January 2022 detached price in the Somerset local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 7 CRANWELL CLOSE since 1st 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 7 CRANWELL CLOSE 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 |
---|---|---|---|
2022 31 JAN | £335,000 | £416,657 | 20% below HPI |
2006 5 JUL | £175,000 | £267,135 | 34% below HPI |
2004 23 JUN | £189,950 | £242,456 | 22% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three 7 CRANWELL CLOSE sales between June 2004 and January 2022 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 July 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
7 CRANWELL CLOSE is 84m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of detached houses in Westonzoyland, based on EPC data. The below chart shows the distribution of detached houses by size in Westonzoyland, and where 7 CRANWELL CLOSE lies on this distribution: 16% of detached houses are smaller than 7 CRANWELL CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Westonzoyland.
7 CRANWELL CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 7 CRANWELL CLOSE, 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 7 CRANWELL CLOSE). 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.
7 CRANWELL CLOSE is located in WESTONZOYLAND, in the TA7 postcode district. The below map shows the position of No. 7 on CRANWELL CLOSE.