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 ELIZABETH WAY is a small semi-detached house of 93m², built sometime between 1991 and 1995. It was last sold for £215,000 in March 2016, which was around 32% below the average March 2016 detached price in the Somerset local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows six sales for 7 ELIZABETH WAY since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the six 7 ELIZABETH WAY 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 |
---|---|---|---|
2016 17 MAR | £215,000 | £315,704 | 32% below HPI |
2010 26 FEB | £181,000 | £269,340 | 33% below HPI |
2007 31 AUG | £200,500 | £296,594 | 32% below HPI |
2004 3 AUG | £185,000 | £251,719 | 27% below HPI |
1996 24 JUL | £65,000 | £84,939 | 23% below HPI |
1995 12 OCT | £66,000 | £84,487 | 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 six 7 ELIZABETH WAY sales between October 1995 and March 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 February 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.
7 ELIZABETH WAY is 93m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 40% of detached houses in Chard, based on EPC data. The below chart shows the distribution of detached houses by size in Chard, and where 7 ELIZABETH WAY lies on this distribution: 30% of detached houses are smaller than 7 ELIZABETH WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Chard.
7 ELIZABETH WAY sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 7 ELIZABETH WAY, 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 ELIZABETH WAY). 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 ELIZABETH WAY is located in CHARD, in the TA20 postcode district. The below map shows the position of No. 7 on ELIZABETH WAY.