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

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

FAIR PLACE is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £220,000 in August 2016, which was around 32% 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	£323,980	32% below HPI
1997 5 MAR	£82,000	£89,971	9% 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

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 in Evercreech, based on EPC data. The below chart shows the distribution of detached houses by size in Evercreech, and where FAIR PLACE lies on this distribution: 14% of detached houses are smaller than FAIR PLACE, and 86% 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.