COAST VIEW, REDWAY, PORLOCK, MINEHEAD, TA24 8QF - £310,000

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

COAST VIEW is a large extended detached house of 164m², built sometime between 1930 and 1949. It was last sold for £310,000 in April 2010, which was around 15% above the average April 2010 detached price in the Somerset local authority area. The most recent EPC inspection was October 2022, where the current energy rating was F, and the potential energy rating was D.

COAST VIEW Sold Prices

Land registry data shows four sales for COAST VIEW since 1^st 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. Most of the four COAST VIEW 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
2010 27 APR	£310,000	£269,460	15% above HPI
2008 20 MAY	£160,000	£290,251	45% below HPI
2006 1 DEC	£180,000	£278,068	35% below HPI
2000 27 OCT	£85,000	£142,080	40% below HPI

COAST VIEW 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 four COAST VIEW sales between October 2000 and April 2010 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 2008 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2010 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is COAST VIEW?

COAST VIEW is 164m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses in Porlock, based on EPC data. The below chart shows the distribution of detached houses by size in Porlock, and where COAST VIEW lies on this distribution: 70% of detached houses are smaller than COAST VIEW, and 29% of houses are larger. Note that EPC data is not available for all properties in Porlock.

COAST VIEW: Plot and Title Map

COAST VIEW sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of COAST VIEW, 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 COAST VIEW). 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 COAST VIEW?

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