8, PAGANEL WAY, MINEHEAD, TA24 5HA - £285,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 PAGANEL WAY is a very small semi-detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £289,393. It was last sold for £285,000 in September 2023, which was about the average September 2023 semi-detached price in the Somerset local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

8 PAGANEL WAY Sold Prices

Land registry data shows four sales for 8 PAGANEL WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. The four 8 PAGANEL WAY sales were a mix of roughly equal to the average price, above the average price, and 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
2023 12 SEP	£285,000	£284,256	Close to HPI
2023 7 JUL	£240,000	£279,136	14% below HPI
2003 7 MAR	£150,000	£126,792	18% above HPI
1999 29 MAR	£66,500	£63,549	5% above HPI

8 PAGANEL WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Somerset local authority area over time, sourced from the HPI. The four 8 PAGANEL WAY sales between March 1999 and September 2023 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 July 2023 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 PAGANEL WAY be worth now?

8 PAGANEL WAY might now be worth an estimated £289,393.

This is based on house price inflation of 1.5%, between September 2023 and December 2024, for semi-detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% inflationary increase is applied to the most recent sale price for 8 PAGANEL WAY of £285,000 on 12th September 2023. For the value to have increased from £285,000 to £289,393 over the nine months to December 2024, the following assumptions must hold true:

• The value of 8 PAGANEL WAY has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The September 2023 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PAGANEL WAY has not materially changed since September 2023.

How Large is 8 PAGANEL WAY?

8 PAGANEL WAY is 62m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of semi-detached houses houses in Minehead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Minehead, and where 8 PAGANEL WAY lies on this distribution: 3% of semi-detached houses houses are smaller than 8 PAGANEL WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Minehead.

8 PAGANEL WAY: Plot and Title Map

8 PAGANEL WAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 8 PAGANEL 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 8 PAGANEL 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 8 PAGANEL WAY?

8 PAGANEL WAY is located in MINEHEAD, in the TA24 postcode district. The below map shows the position of No. 8 on PAGANEL WAY.