GREEN PASTURES, STRATTON ROAD, HOLCOMBE, RADSTOCK, BA3 5ED - £365,000

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.

GREEN PASTURES is a very small detached house of 75m², built sometime between 1991 and 1995, which could now be worth an estimated £358,612. It was last sold for £365,000 in September 2022, which was around 22% below the average September 2022 detached price in the Somerset local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

GREEN PASTURES Sold Prices

Land registry data shows three sales for GREEN PASTURES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three GREEN PASTURES 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
2022 16 SEP	£365,000	£468,631	22% below HPI
2008 22 AUG	£212,500	£289,780	27% below HPI
1999 20 APR	£80,000	£110,389	28% below HPI

GREEN PASTURES 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 three GREEN PASTURES sales between April 1999 and September 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 August 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might GREEN PASTURES be worth now?

GREEN PASTURES might now be worth an estimated £358,612.

This is based on house price deflation of 1.8%, between September 2022 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 1.8% deflationary decrease is applied to the most recent sale price for GREEN PASTURES of £365,000 on 16th September 2022. For the value to have decreased from £365,000 to £358,612 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of GREEN PASTURES has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of GREEN PASTURES has not materially changed since September 2022.

How Large is GREEN PASTURES?

GREEN PASTURES is 75m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses houses in Holcombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holcombe, and where GREEN PASTURES lies on this distribution: 1% of detached houses houses are smaller than GREEN PASTURES, and 99% of houses are larger. Note that EPC data is not available for all properties in Holcombe.

GREEN PASTURES: Plot and Title Map

GREEN PASTURES sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of GREEN PASTURES, 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 GREEN PASTURES). 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 GREEN PASTURES?

GREEN PASTURES is located on STRATTON ROAD in HOLCOMBE, in the BA3 postcode district. The below map shows the position of GREEN PASTURES on STRATTON ROAD.