CHAPEL FARM, CHAPEL ROAD, ROOKSBRIDGE, AXBRIDGE, BS26 2TD - £450,000

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.

CHAPEL FARM is a small extended detached house of 103m², built sometime between 1930 and 1949, which could now be worth an estimated £507,844. It was last sold for £450,000 in September 2021, which was around 10% above the average September 2021 detached price in the Somerset local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was D.

CHAPEL FARM Sold Prices

Land registry data shows two sales for CHAPEL FARM since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two CHAPEL FARM 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
2021 2 SEP	£450,000	£407,986	10% above HPI
2013 24 SEP	£380,000	£286,800	32% above HPI

CHAPEL FARM 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 two CHAPEL FARM sales from September 2013 and September 2021 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 September 2013 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might CHAPEL FARM be worth now?

CHAPEL FARM might now be worth an estimated £507,844.

This is based on house price inflation of 12.9%, between September 2021 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 12.9% inflationary increase is applied to the most recent sale price for CHAPEL FARM of £450,000 on 2nd September 2021. For the value to have increased from £450,000 to £507,844 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of CHAPEL FARM has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of CHAPEL FARM has not materially changed since September 2021.

How Large is CHAPEL FARM?

CHAPEL FARM is 103m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of detached houses houses in Rooks Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rooks Bridge, and where CHAPEL FARM lies on this distribution: 20% of detached houses houses are smaller than CHAPEL FARM, and 80% of houses are larger. Note that EPC data is not available for all properties in Rooks Bridge.

CHAPEL FARM: Plot and Title Map

CHAPEL FARM sits on a plot of roughly 0.234 of an acre, or 945m². The below map shows the location of CHAPEL FARM, 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 CHAPEL FARM). 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 CHAPEL FARM?

CHAPEL FARM is located on CHAPEL ROAD in ROOKSBRIDGE, in the BS26 postcode district. The below map shows the position of CHAPEL FARM on CHAPEL ROAD.