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
8 BRIDGE RISE is a very small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £270,000 in December 2016, which was around 18% below the average December 2016 detached price in the Somerset local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 BRIDGE RISE 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 8 BRIDGE RISE sales was for below 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 20 DEC | £270,000 | £328,585 | 18% below HPI |
1996 10 SEP | £100,000 | £87,228 | 15% 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 8 BRIDGE RISE sales from September 1996 and December 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 September 1996 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
8 BRIDGE RISE is 93m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Martock, based on EPC data. The below chart shows the distribution of detached houses by size in Martock, and where 8 BRIDGE RISE lies on this distribution: 18% of detached houses are smaller than 8 BRIDGE RISE, and 80% of houses are larger. Note that EPC data is not available for all properties in Martock.
8 BRIDGE RISE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 8 BRIDGE RISE, 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 BRIDGE RISE). 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 BRIDGE RISE is located in MARTOCK, in the TA12 postcode district. The below map shows the position of No. 8 on BRIDGE RISE.