7, THE MEADOWS, PORLOCK, MINEHEAD, TA24 8NN - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 THE MEADOWS is a very small detached house of 89m², built sometime between 1976 and 1982. It was last sold for £325,000 in September 2018, which was around 10% below the average September 2018 detached price in the Somerset local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

7 THE MEADOWS Sold Prices

Land registry data shows three sales for 7 THE MEADOWS 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 THE MEADOWS sales were for below the average price, whilst one 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
2018 7 SEP	£325,000	£360,854	10% below HPI
2004 3 AUG	£255,000	£251,719	1% above HPI
2002 13 AUG	£140,500	£190,038	26% below HPI

7 THE MEADOWS 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 THE MEADOWS sales between August 2002 and September 2018 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 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 7 THE MEADOWS?

7 THE MEADOWS is 89m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses in Porlock, based on EPC data. The below chart shows the distribution of detached houses by size in Porlock, and where 7 THE MEADOWS lies on this distribution: 17% of detached houses are smaller than 7 THE MEADOWS, and 82% of houses are larger. Note that EPC data is not available for all properties in Porlock.

7 THE MEADOWS: Plot and Title Map

7 THE MEADOWS sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 7 THE MEADOWS, 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 THE MEADOWS). 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 THE MEADOWS?

7 THE MEADOWS is located in PORLOCK, in the TA24 postcode district. The below map shows the position of No. 7 on THE MEADOWS.