8, GILES FARM, GILBERT SCOTT ROAD, SOUTH HORRINGTON VILLAGE, WELLS, BA5 3BW - £384,000

8 GILES FARM is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £384,000 in January 2012, which was around 43% above the average January 2012 detached price in the Somerset local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

8 GILES FARM Sold Prices

Land registry data shows three sales for 8 GILES FARM 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. All of the three 8 GILES FARM sales were 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
2012 12 JAN	£384,000	£269,080	43% above HPI
2000 8 DEC	£180,000	£140,640	28% above HPI
1997 30 MAY	£120,000	£91,465	31% above HPI

8 GILES FARM 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 8 GILES FARM sales between May 1997 and January 2012 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 December 2000 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2012 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 8 GILES FARM?

8 GILES FARM is 90m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in South Horrington, based on EPC data. The below chart shows the distribution of detached houses by size in South Horrington, and where 8 GILES FARM lies on this distribution: 8% of detached houses are smaller than 8 GILES FARM, and 88% of houses are larger. Note that EPC data is not available for all properties in South Horrington.

8 GILES FARM: Plot and Title Map

8 GILES FARM sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 8 GILES FARM, 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 GILES FARM). 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 8 GILES FARM?

8 GILES FARM is located on GILBERT SCOTT ROAD in SOUTH HORRINGTON VILLAGE, in the BA5 postcode district. The below map shows the position of 8 GILES FARM on GILBERT SCOTT ROAD.