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
8 ABBEY CLOSE is a very small extended detached house of 83m², built sometime between 1991 and 1995. It was last sold for £275,000 in March 2024, which was around 37% below the average March 2024 detached price in the Somerset local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 8 ABBEY CLOSE since 1st 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. All of the five 8 ABBEY 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 |
---|---|---|---|
2024 27 MAR | £275,000 | £435,774 | 37% below HPI |
2005 26 AUG | £182,500 | £258,250 | 29% below HPI |
1999 10 SEP | £89,950 | £118,005 | 24% below HPI |
1996 29 AUG | £78,000 | £86,361 | 10% below HPI |
1995 25 MAY | £75,000 | £84,349 | 11% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The five 8 ABBEY CLOSE sales between May 1995 and March 2024 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 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
8 ABBEY CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses in Tatworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tatworth, and where 8 ABBEY CLOSE lies on this distribution: 19% of detached houses are smaller than 8 ABBEY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Tatworth.
8 ABBEY CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 8 ABBEY 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 8 ABBEY 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.
8 ABBEY CLOSE is located in TATWORTH, in the TA20 postcode district. The below map shows the position of No. 8 on ABBEY CLOSE.