CANNA, KINGSWAY, MARK, HIGHBRIDGE, TA9 4NT - £360,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CANNA is a small detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £440,504. It was last sold for £360,000 in September 2019, which was around 4% below the average September 2019 detached price in the Somerset local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was A.

CANNA Sold Prices

Land registry data shows five sales for CANNA since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Most of the five CANNA 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
2019 27 SEP	£360,000	£376,284	4% below HPI
2017 16 FEB	£310,000	£340,269	9% below HPI
2013 12 JUL	£277,000	£281,339	2% below HPI
2005 13 SEP	£250,000	£266,451	6% below HPI
1999 6 JUL	£123,000	£115,996	6% above HPI

CANNA 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 five CANNA sales between July 1999 and September 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 February 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2019 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might CANNA be worth now?

CANNA might now be worth an estimated £440,504.

This is based on house price inflation of 22.4%, between September 2019 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.4% inflationary increase is applied to the most recent sale price for CANNA of £360,000 on 27th September 2019. For the value to have increased from £360,000 to £440,504 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of CANNA has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2019 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of CANNA has not materially changed since September 2019.

How Large is CANNA?

CANNA is 92m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses houses in Mark, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mark, and where CANNA lies on this distribution: 33% of detached houses houses are smaller than CANNA, and 67% of houses are larger. Note that EPC data is not available for all properties in Mark.

CANNA: Plot and Title Map

CANNA sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of CANNA, 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 CANNA). 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 CANNA?

CANNA is located on KINGSWAY in MARK, in the TA9 postcode district. The below map shows the position of CANNA on KINGSWAY.