8, MONKSTONE DRIVE, BERROW, BURNHAM-ON-SEA, TA8 2NW - £240,000

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 MONKSTONE DRIVE is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £240,000 in May 2019, which was around 32% below the average May 2019 detached price in the Somerset local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

8 MONKSTONE DRIVE Sold Prices

Land registry data shows two sales for 8 MONKSTONE DRIVE since 1^st 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. Both of the two 8 MONKSTONE DRIVE 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
2019 10 MAY	£240,000	£352,895	32% below HPI
2008 20 AUG	£169,000	£280,933	40% below HPI

8 MONKSTONE DRIVE 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 two 8 MONKSTONE DRIVE sales from August 2008 and May 2019 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 2008 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2019 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 8 MONKSTONE DRIVE?

8 MONKSTONE DRIVE is 78m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses in Berrow, based on EPC data. The below chart shows the distribution of detached houses by size in Berrow, and where 8 MONKSTONE DRIVE lies on this distribution: 12% of detached houses are smaller than 8 MONKSTONE DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Berrow.

8 MONKSTONE DRIVE: Plot and Title Map

8 MONKSTONE DRIVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 8 MONKSTONE DRIVE, 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 MONKSTONE DRIVE). 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 MONKSTONE DRIVE?

8 MONKSTONE DRIVE is located in BERROW, in the TA8 postcode district. The below map shows the position of No. 8 on MONKSTONE DRIVE.