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 RED HOUSE ROAD is a midsized extended detached house of 128m², built sometime between 1991 and 1995. It was last sold for £328,000 in November 2016, which was about the average November 2016 detached price in the Somerset local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 RED HOUSE 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. One of the two 7 RED HOUSE ROAD sales was roughly equal to the average price, whilst the other was for above 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 8 NOV | £328,000 | £328,423 | Close to HPI |
1996 31 MAY | £124,995 | £83,646 | 49% above 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 RED HOUSE ROAD sales from May 1996 and November 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 May 1996 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the November 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
7 RED HOUSE ROAD is 128m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in East Brent, based on EPC data. The below chart shows the distribution of detached houses by size in East Brent, and where 7 RED HOUSE ROAD lies on this distribution: 52% of detached houses are smaller than 7 RED HOUSE ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in East Brent.
7 RED HOUSE ROAD sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 7 RED HOUSE 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 RED HOUSE 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 RED HOUSE ROAD is located in EAST BRENT, in the TA9 postcode district. The below map shows the position of No. 7 on RED HOUSE ROAD.