8, TEALS ACRE, CANNINGTON, BRIDGWATER, TA5 2JP - £346,000

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 TEALS ACRE is a large extended detached house of 134m², built sometime between 1950 and 1966. It was last sold for £346,000 in September 2020, which was around 8% below the average September 2020 detached price in the Somerset local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

8 TEALS ACRE Sold Prices

Land registry data shows two sales for 8 TEALS ACRE 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 TEALS ACRE 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
2020 11 SEP	£346,000	£375,243	8% below HPI
2016 16 AUG	£280,000	£323,980	14% below HPI

8 TEALS ACRE 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 TEALS ACRE sales from August 2016 and September 2020 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 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 8 TEALS ACRE?

8 TEALS ACRE is 134m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 40% of detached houses in Cannington, based on EPC data. The below chart shows the distribution of detached houses by size in Cannington, and where 8 TEALS ACRE lies on this distribution: 69% of detached houses are smaller than 8 TEALS ACRE, and 31% of houses are larger. Note that EPC data is not available for all properties in Cannington.

8 TEALS ACRE: Plot and Title Map

8 TEALS ACRE sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 8 TEALS ACRE, 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 TEALS ACRE). 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 TEALS ACRE?

8 TEALS ACRE is located in CANNINGTON, in the TA5 postcode district. The below map shows the position of No. 8 on TEALS ACRE.