HARVEST GATE, OLD COACH ROAD, CROSS, AXBRIDGE, BS26 2EQ - £345,000

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.

HARVEST GATE is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £410,395. It was last sold for £345,000 in September 2020, which was around 11% below the average September 2020 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 B.

HARVEST GATE Sold Prices

Land registry data shows two sales for HARVEST GATE 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 HARVEST GATE 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
2020 30 SEP	£345,000	£387,061	11% below HPI
1996 8 JUL	£86,000	£87,614	2% below HPI

HARVEST GATE 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 HARVEST GATE sales from July 1996 and September 2020 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 July 1996 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might HARVEST GATE be worth now?

HARVEST GATE might now be worth an estimated £410,395.

This is based on house price inflation of 19%, between September 2020 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 19% inflationary increase is applied to the most recent sale price for HARVEST GATE of £345,000 on 30th September 2020. For the value to have increased from £345,000 to £410,395 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of HARVEST GATE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of HARVEST GATE has not materially changed since September 2020.

How Large is HARVEST GATE?

HARVEST GATE is 80m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses houses in Cross, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cross, and where HARVEST GATE lies on this distribution: 3% of detached houses houses are smaller than HARVEST GATE, and 97% of houses are larger. Note that EPC data is not available for all properties in Cross.

HARVEST GATE: Plot and Title Map

HARVEST GATE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of HARVEST GATE, 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 HARVEST GATE). 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 HARVEST GATE?

HARVEST GATE is located on OLD COACH ROAD in CROSS, in the BS26 postcode district. The below map shows the position of HARVEST GATE on OLD COACH ROAD.