FAIRGARDEN, BOSSINGTON LANE, PORLOCK, MINEHEAD, TA24 8HD - £490,000

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.

FAIRGARDEN is a small detached house of 109m², built sometime between 1950 and 1966, which could now be worth an estimated £626,081. It was last sold for £490,000 in December 2017, which was around 36% above the average December 2017 detached price in the Somerset local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

FAIRGARDEN Sold Prices

Land registry data shows two sales for FAIRGARDEN 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 FAIRGARDEN 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
2017 11 DEC	£490,000	£360,353	36% above HPI
1996 4 DEC	£110,000	£89,931	22% above HPI

FAIRGARDEN 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 FAIRGARDEN sales from December 1996 and December 2017 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 December 1996 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2017 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might FAIRGARDEN be worth now?

FAIRGARDEN might now be worth an estimated £626,081.

This is based on house price inflation of 27.8%, between December 2017 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 27.8% inflationary increase is applied to the most recent sale price for FAIRGARDEN of £490,000 on 11th December 2017. For the value to have increased from £490,000 to £626,081 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of FAIRGARDEN has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2017 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRGARDEN has not materially changed since December 2017.

How Large is FAIRGARDEN?

FAIRGARDEN is 109m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses houses in Porlock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Porlock, and where FAIRGARDEN lies on this distribution: 30% of detached houses houses are smaller than FAIRGARDEN, and 70% of houses are larger. Note that EPC data is not available for all properties in Porlock.

FAIRGARDEN: Plot and Title Map

FAIRGARDEN sits on a plot of roughly 0.498 of an acre, or 2,017m². The below map shows the location of FAIRGARDEN, 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 FAIRGARDEN). 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 FAIRGARDEN?

FAIRGARDEN is located on BOSSINGTON LANE in PORLOCK, in the TA24 postcode district. The below map shows the position of FAIRGARDEN on BOSSINGTON LANE.