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
BROAD OAK LODGE is a very large extended detached house of 325m², built sometime between 1950 and 1966. It was last sold for £855,000 in October 2018, which was around 137% above the average October 2018 detached price in the Somerset local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for BROAD OAK LODGE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four BROAD OAK LODGE sales were 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 |
---|---|---|---|
2018 5 OCT | £855,000 | £360,682 | 137% above HPI |
2009 26 JUN | £700,000 | £248,371 | 182% above HPI |
2004 30 SEP | £685,000 | £257,025 | 167% above HPI |
1996 26 NOV | £150,000 | £87,075 | 72% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The four BROAD OAK LODGE sales between November 1996 and October 2018 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 2009 sale was for 182% above the HPI. So the extrapolation line tracks at 182% above the HPI over time, until the October 2018 sale, where it falls to 137% above the HPI. The line then continues to track at 137% above the HPI.
BROAD OAK LODGE is 325m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 10% of detached houses in Penselwood, based on EPC data. The below chart shows the distribution of detached houses by size in Penselwood, and where BROAD OAK LODGE lies on this distribution: 98% of detached houses are smaller than BROAD OAK LODGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Penselwood.
BROAD OAK LODGE sits on a plot of roughly 1.0 acres, or 4,211m². The below map shows the location of BROAD OAK LODGE, 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 BROAD OAK LODGE). 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.
BROAD OAK LODGE is located on COOMBE STREET in PEN SELWOOD, in the BA9 postcode district. The below map shows the position of BROAD OAK LODGE on COOMBE STREET.