7, STEEL LANE, CATCOTT, BRIDGWATER, TA7 9HP - £277,000

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 STEEL LANE is a very small extended detached house of 90m², built sometime before 1900. It was last sold for £277,000 in August 2011, which was around 1% above the average August 2011 detached price in the Somerset local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

7 STEEL LANE Sold Prices

Land registry data shows three sales for 7 STEEL LANE since 1^st 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. Two of the three 7 STEEL LANE sales were for above the average price, whilst one was 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
2011 8 AUG	£277,000	£274,510	1% above HPI
2000 17 AUG	£147,000	£137,757	7% above HPI
1996 10 MAY	£65,000	£83,646	22% below HPI

7 STEEL 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 three 7 STEEL LANE sales between May 1996 and August 2011 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 August 2000 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2011 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 7 STEEL LANE?

7 STEEL LANE is 90m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses in Catcott, based on EPC data. The below chart shows the distribution of detached houses by size in Catcott, and where 7 STEEL LANE lies on this distribution: 12% of detached houses are smaller than 7 STEEL LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Catcott.

7 STEEL LANE: Plot and Title Map

7 STEEL LANE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 7 STEEL 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 STEEL 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 STEEL LANE?

7 STEEL LANE is located in CATCOTT, in the TA7 postcode district. The below map shows the position of No. 7 on STEEL LANE.