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

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.

CONCORDE is a large extended detached house of 139m², built sometime between 1967 and 1975, which could now be worth an estimated £573,611. It was last sold for £575,000 in August 2022, which was around 25% 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	£461,544	25% above HPI
2002 20 MAR	£160,000	£169,804	6% 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 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2022 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might CONCORDE be worth now?

CONCORDE might now be worth an estimated £573,611.

This is based on house price deflation of 0.2%, between August 2022 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 0.2% deflationary decrease is applied to the most recent sale price for CONCORDE of £575,000 on 26th August 2022. For the value to have decreased from £575,000 to £573,611 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of CONCORDE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The August 2022 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of CONCORDE has not materially changed since August 2022.

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 houses in Holcombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holcombe, and where CONCORDE lies on this distribution: 63% of detached houses 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.