CONCORDE, COMMON LANE, HOLCOMBE, RADSTOCK, BA3 5DS - £575,000

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

CONCORDE is a large extended detached house of 139m², built sometime between 1967 and 1975. It was last sold for £575,000 in August 2022, which was around 29% above the average August 2022 detached price in the Somerset local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was C.

CONCORDE Sold Prices

Land registry data shows two sales for CONCORDE 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. One of the two CONCORDE sales was for above the average price, whilst the other was 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
2022 26 AUG	£575,000	£447,452	29% above HPI
2002 20 MAR	£160,000	£164,620	3% below HPI

CONCORDE 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 CONCORDE sales from March 2002 and August 2022 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 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is CONCORDE?

CONCORDE is 139m², which includes three extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses in Holcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Holcombe, and where CONCORDE lies on this distribution: 63% of detached houses are smaller than CONCORDE, and 37% of houses are larger. Note that EPC data is not available for all properties in Holcombe.

CONCORDE: Plot and Title Map

CONCORDE sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of CONCORDE, 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 CONCORDE). 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 CONCORDE?

CONCORDE is located on COMMON LANE in HOLCOMBE, in the BA3 postcode district. The below map shows the position of CONCORDE on COMMON LANE.