78, MEAD WAY, MONKTON HEATHFIELD, TAUNTON, TA2 8LT - £375,000

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

78 MEAD WAY is a very large extended detached house of 141m², built sometime between 1991 and 1995. It was last sold for £375,000 in December 2020, which was around 3% below the average December 2020 detached price in the Somerset local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

78 MEAD WAY Sold Prices

Land registry data shows five sales for 78 MEAD WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Most of the five 78 MEAD WAY 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
2020 18 DEC	£375,000	£387,898	3% below HPI
2004 29 MAR	£197,500	£236,827	17% below HPI
1999 28 MAY	£97,200	£107,309	9% below HPI
1997 21 MAR	£84,000	£89,971	7% below HPI
1995 8 SEP	£87,000	£84,147	3% above HPI

78 MEAD WAY 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 five 78 MEAD WAY sales between September 1995 and December 2020 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 March 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 78 MEAD WAY?

78 MEAD WAY is 141m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Monkton Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Monkton Heathfield, and where 78 MEAD WAY lies on this distribution: 84% of detached houses are smaller than 78 MEAD WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Monkton Heathfield.

78 MEAD WAY: Plot and Title Map

78 MEAD WAY sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 78 MEAD WAY, 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 78 MEAD WAY). 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 78 MEAD WAY?

78 MEAD WAY is located in MONKTON HEATHFIELD, in the TA2 postcode district. The below map shows the position of No. 78 on MEAD WAY.