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 OLD FARM ROAD is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £215,000 in February 2014, which was around 23% below the average February 2014 detached price in the Somerset local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 OLD FARM ROAD since 1st 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 OLD FARM ROAD 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 |
---|---|---|---|
2014 3 FEB | £215,000 | £279,363 | 23% below HPI |
1999 17 SEP | £89,950 | £118,005 | 24% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 7 OLD FARM ROAD sales from September 1999 and February 2014 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 September 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2014 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
7 OLD FARM ROAD is 101m², which includes two extensions, according to the EPC inspection conducted in August 2013. This puts it in the smallest 40% of detached houses in Nether Stowey, based on EPC data. The below chart shows the distribution of detached houses by size in Nether Stowey, and where 7 OLD FARM ROAD lies on this distribution: 34% of detached houses are smaller than 7 OLD FARM ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Nether Stowey.
7 OLD FARM ROAD sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 7 OLD FARM ROAD, 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 OLD FARM ROAD). 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 OLD FARM ROAD is located in NETHER STOWEY, in the TA5 postcode district. The below map shows the position of No. 7 on OLD FARM ROAD.