ALUMNIA, OXENPILL, MEARE, GLASTONBURY, BA6 9TQ - £330,000

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

ALUMNIA is a midsized extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £330,000 in January 2019, which was around 8% below the average January 2019 detached price in the Somerset local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

ALUMNIA Sold Prices

Land registry data shows three sales for ALUMNIA 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. Two of the three ALUMNIA sales were for below the average price, whilst one was 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
2019 11 JAN	£330,000	£358,974	8% below HPI
2001 20 APR	£163,000	£143,093	14% above HPI
1998 14 JAN	£91,500	£98,800	7% below HPI

ALUMNIA 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 ALUMNIA sales between January 1998 and January 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 April 2001 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is ALUMNIA?

ALUMNIA is 132m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 40% of detached houses in Oxenpill, based on EPC data. The below chart shows the distribution of detached houses by size in Oxenpill, and where ALUMNIA lies on this distribution: 59% of detached houses are smaller than ALUMNIA, and 40% of houses are larger. Note that EPC data is not available for all properties in Oxenpill.

ALUMNIA: Plot and Title Map

ALUMNIA sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of ALUMNIA, 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 ALUMNIA). 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 ALUMNIA?

ALUMNIA is located on OXENPILL in MEARE, in the BA6 postcode district. The below map shows the position of ALUMNIA on OXENPILL.