FAIR PLACE, ENFIELD DRIVE, EVERCREECH, SHEPTON MALLET, BA4 6LL - £220,000

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.

FAIR PLACE is a very small detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £303,111. It was last sold for £220,000 in August 2016, which was around 34% below the average August 2016 detached price in the Somerset local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

FAIR PLACE Sold Prices

Land registry data shows two sales for FAIR PLACE 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. Both of the two FAIR PLACE 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
2016 17 AUG	£220,000	£334,183	34% below HPI
1997 5 MAR	£82,000	£92,805	12% below HPI

FAIR PLACE 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 FAIR PLACE sales from March 1997 and August 2016 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 1997 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might FAIR PLACE be worth now?

FAIR PLACE might now be worth an estimated £303,111.

This is based on house price inflation of 37.8%, between August 2016 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 37.8% inflationary increase is applied to the most recent sale price for FAIR PLACE of £220,000 on 17th August 2016. For the value to have increased from £220,000 to £303,111 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of FAIR PLACE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The August 2016 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of FAIR PLACE has not materially changed since August 2016.

How Large is FAIR PLACE?

FAIR PLACE is 67m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses houses in Evercreech, based on EPC data. The below chart shows the distribution of detached houses houses by size in Evercreech, and where FAIR PLACE lies on this distribution: 13% of detached houses houses are smaller than FAIR PLACE, and 87% of houses are larger. Note that EPC data is not available for all properties in Evercreech.

FAIR PLACE: Plot and Title Map

FAIR PLACE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of FAIR PLACE, 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 FAIR PLACE). 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 FAIR PLACE?

FAIR PLACE is located on ENFIELD DRIVE in EVERCREECH, in the BA4 postcode district. The below map shows the position of FAIR PLACE on ENFIELD DRIVE.