Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
8 THE MEAD is a midsized extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £337,337 in July 2011, which was around 13% below the average July 2011 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was July 2015, where the current energy rating was A, and the potential energy rating was A.
Land registry data shows three sales for 8 THE MEAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the three 8 THE MEAD 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 |
---|---|---|---|
2011 25 JUL | £337,337 | £386,195 | 13% below HPI |
2007 15 JUN | £345,000 | £377,029 | 8% below HPI |
2003 1 JUL | £249,950 | £305,293 | 18% below HPI |
The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The three 8 THE MEAD sales between July 2003 and July 2011 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 June 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2011 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
8 THE MEAD is 120m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses in Timsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Timsbury, and where 8 THE MEAD lies on this distribution: 51% of detached houses are smaller than 8 THE MEAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Timsbury.
8 THE MEAD sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 8 THE MEAD, 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 THE MEAD). 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 THE MEAD is located in TIMSBURY, in the BA2 postcode district. The below map shows the position of No. 8 on THE MEAD.