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 ORCHARD CLOSE is a small extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £450,000 in March 2023, which was about the average March 2023 detached price in the Somerset local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 7 ORCHARD CLOSE since 1st 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. The three 7 ORCHARD CLOSE sales were a mix of roughly equal to the average price, and 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 |
---|---|---|---|
2023 23 MAR | £450,000 | £448,405 | Close to HPI |
2017 3 MAY | £317,000 | £336,160 | 6% below HPI |
2008 29 JUL | £250,000 | £283,689 | 12% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three 7 ORCHARD CLOSE sales between July 2008 and March 2023 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 May 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
7 ORCHARD CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses in Trull, based on EPC data. The below chart shows the distribution of detached houses by size in Trull, and where 7 ORCHARD CLOSE lies on this distribution: 30% of detached houses are smaller than 7 ORCHARD CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Trull.
7 ORCHARD CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 7 ORCHARD CLOSE, 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 ORCHARD CLOSE). 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 ORCHARD CLOSE is located in TRULL, in the TA3 postcode district. The below map shows the position of No. 7 on ORCHARD CLOSE.