CHESTNUT HOUSE, MANOR WAY, BERROW, BURNHAM-ON-SEA, TA8 2RG - £825,000

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

CHESTNUT HOUSE is a very large extended detached house of 296m², built sometime between 1983 and 1990. It was last sold for £825,000 in April 2023, which was around 86% above the average April 2023 detached price in the Somerset local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was C.

CHESTNUT HOUSE Sold Prices

Land registry data shows three sales for CHESTNUT 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 CHESTNUT 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
2023 21 APR	£825,000	£443,942	86% above HPI
2014 12 MAY	£490,000	£285,404	72% above HPI
1996 12 JAN	£168,000	£81,752	105% above HPI

CHESTNUT 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 CHESTNUT HOUSE sales between January 1996 and April 2023 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 May 2014 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the April 2023 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

How Large is CHESTNUT HOUSE?

CHESTNUT HOUSE is 296m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 10% of detached houses in Berrow, based on EPC data. The below chart shows the distribution of detached houses by size in Berrow, and where CHESTNUT HOUSE lies on this distribution: 99% of detached houses are smaller than CHESTNUT HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Berrow.

CHESTNUT HOUSE: Plot and Title Map

CHESTNUT HOUSE sits on a plot of roughly 0.500 of an acre, or 2,022m². The below map shows the location of CHESTNUT 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 CHESTNUT 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 CHESTNUT HOUSE?

CHESTNUT HOUSE is located on MANOR WAY in BERROW, in the TA8 postcode district. The below map shows the position of CHESTNUT HOUSE on MANOR WAY.