FIRBANK, BARRINGTON, ILMINSTER, TA19 0JD - £311,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FIRBANK is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £311,000 in July 2017, which was around 8% below the average July 2017 detached price in the Somerset local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

FIRBANK Sold Prices

Land registry data shows five sales for FIRBANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the five FIRBANK 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
2017 19 JUL	£311,000	£338,873	8% below HPI
2016 30 MAR	£295,000	£315,704	7% below HPI
2014 28 MAR	£265,000	£280,146	5% below HPI
2011 19 AUG	£250,000	£274,510	9% below HPI
1998 29 MAY	£95,500	£100,608	5% below HPI

FIRBANK 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 five FIRBANK sales between May 1998 and July 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 March 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is FIRBANK?

FIRBANK is 81m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses in Barrington, based on EPC data. The below chart shows the distribution of detached houses by size in Barrington, and where FIRBANK lies on this distribution: Less than 1% of detached houses are smaller than FIRBANK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Barrington.

FIRBANK: Plot and Title Map

FIRBANK sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of FIRBANK, 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 FIRBANK). 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 FIRBANK?

FIRBANK is located in BARRINGTON, in the TA19 postcode district. The below map shows the position of FIRBANK in BARRINGTON.