7, PROSPECT CLOSE, EAST BRENT, HIGHBRIDGE, TA9 4JW - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 PROSPECT CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £350,000. It was last sold for £350,000 in October 2023, which was around 24% below the average October 2023 detached price in the Somerset local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

7 PROSPECT CLOSE Sold Prices

Land registry data shows four sales for 7 PROSPECT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four 7 PROSPECT CLOSE 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
2023 26 OCT	£350,000	£460,429	24% below HPI
2013 4 JUL	£202,000	£281,339	28% below HPI
2012 13 JAN	£176,500	£277,554	36% below HPI
1997 21 JUL	£66,500	£96,331	31% below HPI

7 PROSPECT CLOSE 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 four 7 PROSPECT CLOSE sales between July 1997 and October 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 July 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 7 PROSPECT CLOSE be worth now?

7 PROSPECT CLOSE might now be worth an estimated £350,000.

This is based on house price inflation of 0%, between October 2023 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0% inflationary increase is applied to the most recent sale price for 7 PROSPECT CLOSE of £350,000 on 26th October 2023. For the value to have increased from £350,000 to £350,000 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 PROSPECT CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The October 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PROSPECT CLOSE has not materially changed since October 2023.

How Large is 7 PROSPECT CLOSE?

7 PROSPECT CLOSE is 78m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses houses in East Brent, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Brent, and where 7 PROSPECT CLOSE lies on this distribution: 4% of detached houses houses are smaller than 7 PROSPECT CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in East Brent.

7 PROSPECT CLOSE: Plot and Title Map

7 PROSPECT CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 7 PROSPECT 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 PROSPECT 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.

Where is 7 PROSPECT CLOSE?

7 PROSPECT CLOSE is located in EAST BRENT, in the TA9 postcode district. The below map shows the position of No. 7 on PROSPECT CLOSE.