7, GRAVELANDS LANE, HENLADE, TAUNTON, TA3 5DL - £140,000

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 GRAVELANDS LANE is a very small extended detached house of 81m², built sometime between 1950 and 1966. It was last sold for £140,000 in June 2016, which was around 56% below the average June 2016 detached price in the Somerset local authority area. The most recent EPC inspection was June 2024, where the current energy rating was E, and the potential energy rating was C.

7 GRAVELANDS LANE Sold Prices

Land registry data shows two sales for 7 GRAVELANDS 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. Both of the two 7 GRAVELANDS LANE 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 24 JUN	£140,000	£318,088	56% below HPI
2001 18 OCT	£86,000	£158,281	46% below HPI

7 GRAVELANDS 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 GRAVELANDS LANE sales from October 2001 and June 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 October 2001 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2016 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 7 GRAVELANDS LANE?

7 GRAVELANDS LANE is 81m², which includes three extensions, according to the EPC inspection conducted in June 2024. This puts it in the smallest 20% of detached houses in Ruishton, based on EPC data. The below chart shows the distribution of detached houses by size in Ruishton, and where 7 GRAVELANDS LANE lies on this distribution: 18% of detached houses are smaller than 7 GRAVELANDS LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Ruishton.

7 GRAVELANDS LANE: Plot and Title Map

7 GRAVELANDS LANE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 7 GRAVELANDS 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 GRAVELANDS 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 GRAVELANDS LANE?

7 GRAVELANDS LANE is located in HENLADE, in the TA3 postcode district. The below map shows the position of No. 7 on GRAVELANDS LANE.