7, CROWN LANE, CREECH HEATHFIELD, TAUNTON, TA3 5EU - £316,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 CROWN LANE is a very large extended detached house of 172m², built sometime between 1950 and 1966. It was last sold for £316,000 in February 2016, which was about the average February 2016 detached price in the Somerset local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was C.

7 CROWN LANE Sold Prices

Land registry data shows two sales for 7 CROWN 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 Somerset local authority area for the corresponding sale date. One of the two 7 CROWN LANE sales was roughly equal to the average price, whilst the other was 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
2016 1 FEB	£316,000	£314,695	Close to HPI
2001 21 NOV	£123,500	£160,891	23% below HPI

7 CROWN LANE 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 two 7 CROWN LANE sales from November 2001 and February 2016 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 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 7 CROWN LANE?

7 CROWN LANE is 172m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 20% of detached houses in Creech Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Creech Heathfield, and where 7 CROWN LANE lies on this distribution: 88% of detached houses are smaller than 7 CROWN LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Creech Heathfield.

7 CROWN LANE: Plot and Title Map

7 CROWN LANE sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of 7 CROWN 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 7 CROWN 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 7 CROWN LANE?

7 CROWN LANE is located in CREECH HEATHFIELD, in the TA3 postcode district. The below map shows the position of No. 7 on CROWN LANE.