BURLEY HOUSE, REDWAY, PORLOCK, MINEHEAD, TA24 8QG - £570,000

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

BURLEY HOUSE is a very large extended detached house of 250m², built sometime between 1900 and 1929. It was last sold for £570,000 in November 2017, which was around 63% above the average November 2017 detached price in the Somerset local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

BURLEY HOUSE Sold Prices

Land registry data shows three sales for BURLEY HOUSE 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. All of the three BURLEY HOUSE 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
2017 20 NOV	£570,000	£349,583	63% above HPI
2015 9 JAN	£468,000	£293,204	60% above HPI
2005 16 SEP	£517,000	£258,316	100% above HPI

BURLEY HOUSE 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 BURLEY HOUSE sales between September 2005 and November 2017 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 January 2015 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2017 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is BURLEY HOUSE?

BURLEY HOUSE is 250m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the largest 10% of detached houses in Porlock, based on EPC data. The below chart shows the distribution of detached houses by size in Porlock, and where BURLEY HOUSE lies on this distribution: 94% of detached houses are smaller than BURLEY HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Porlock.

BURLEY HOUSE: Plot and Title Map

BURLEY HOUSE sits on a plot of roughly 0.616 of an acre, or 2,492m². The below map shows the location of BURLEY HOUSE, 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 BURLEY HOUSE). 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 BURLEY HOUSE?

BURLEY HOUSE is located on REDWAY in PORLOCK, in the TA24 postcode district. The below map shows the position of BURLEY HOUSE on REDWAY.