7, DOWNS ORCHARD, MEARE, GLASTONBURY, BA6 9SQ - £340,000

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 DOWNS ORCHARD is a very small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £340,000 in March 2024, which was around 22% below the average March 2024 detached price in the Somerset local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

7 DOWNS ORCHARD Sold Prices

Land registry data shows three sales for 7 DOWNS ORCHARD 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 7 DOWNS ORCHARD 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
2024 18 MAR	£340,000	£435,774	22% below HPI
2017 17 MAR	£245,000	£332,739	26% below HPI
2011 15 SEP	£176,000	£274,645	36% below HPI

7 DOWNS ORCHARD 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 7 DOWNS ORCHARD sales between September 2011 and March 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 March 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 7 DOWNS ORCHARD?

7 DOWNS ORCHARD is 80m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Oxenpill, based on EPC data. The below chart shows the distribution of detached houses by size in Oxenpill, and where 7 DOWNS ORCHARD lies on this distribution: 8% of detached houses are smaller than 7 DOWNS ORCHARD, and 90% of houses are larger. Note that EPC data is not available for all properties in Oxenpill.

7 DOWNS ORCHARD: Plot and Title Map

7 DOWNS ORCHARD sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 7 DOWNS ORCHARD, 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 DOWNS ORCHARD). 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 DOWNS ORCHARD?

7 DOWNS ORCHARD is located in MEARE, in the BA6 postcode district. The below map shows the position of No. 7 on DOWNS ORCHARD.