COLWAY, WADEFORD, CHARD, TA20 3AP - £480,000

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

COLWAY is a small extended detached house of 111m², built sometime before 1900. It was last sold for £480,000 in March 2024, which was around 11% above the average March 2024 detached price in the Somerset local authority area. The most recent EPC inspection was August 2023, where the current energy rating was E, and the potential energy rating was C.

COLWAY Sold Prices

Land registry data shows three sales for COLWAY 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 COLWAY 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
2024 4 MAR	£480,000	£433,702	11% above HPI
2012 23 MAR	£272,000	£263,853	3% above HPI
1998 11 SEP	£129,000	£106,118	22% above HPI

COLWAY 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 COLWAY sales between September 1998 and March 2024 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 March 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2024 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is COLWAY?

COLWAY is 111m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 40% of detached houses in Wadeford, based on EPC data. The below chart shows the distribution of detached houses by size in Wadeford, and where COLWAY lies on this distribution: 33% of detached houses are smaller than COLWAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Wadeford.

COLWAY: Plot and Title Map

COLWAY sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of COLWAY, 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 COLWAY). 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 COLWAY?

COLWAY is located in WADEFORD, in the TA20 postcode district. The below map shows the position of COLWAY in WADEFORD.