FIVE TREES, THE OLD MALTINGS, OAKHILL, RADSTOCK, BA3 5BX - £555,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FIVE TREES is a very large extended detached house of 212m², built sometime between 2003 and 2006, which could now be worth an estimated £541,548. It was last sold for £555,000 in October 2022, which was around 18% above the average October 2022 detached price in the Somerset local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

FIVE TREES Sold Prices

Land registry data shows two sales for FIVE TREES 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 FIVE TREES 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
2022 21 OCT	£555,000	£469,269	18% above HPI
2014 28 NOV	£375,000	£301,352	24% above HPI

FIVE TREES 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 FIVE TREES sales from November 2014 and October 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 November 2014 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2022 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might FIVE TREES be worth now?

FIVE TREES might now be worth an estimated £541,548.

This is based on house price deflation of 2.4%, between October 2022 and December 2024, 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 2.4% deflationary decrease is applied to the most recent sale price for FIVE TREES of £555,000 on 21st October 2022. For the value to have decreased from £555,000 to £541,548 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of FIVE TREES has moved in line with the HPI for detached houses in the Somerset local authority area.
• The October 2022 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of FIVE TREES has not materially changed since October 2022.

How Large is FIVE TREES?

FIVE TREES is 212m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses houses in Oakhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakhill, and where FIVE TREES lies on this distribution: 85% of detached houses houses are smaller than FIVE TREES, and 15% of houses are larger. Note that EPC data is not available for all properties in Oakhill.

FIVE TREES: Plot and Title Map

FIVE TREES sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of FIVE TREES, 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 FIVE TREES). 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 FIVE TREES?

FIVE TREES is located on THE OLD MALTINGS in OAKHILL, in the BA3 postcode district. The below map shows the position of FIVE TREES on THE OLD MALTINGS.