HIGH BANKS, HONITON ROAD, TRULL, TAUNTON, TA3 7JW - £525,000

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

HIGH BANKS is a very large extended detached house of 195m², built sometime between 1950 and 1966. It was last sold for £525,000 in June 2017, which was around 56% above the average June 2017 detached price in the Somerset local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

HIGH BANKS Sold Prices

Land registry data shows two sales for HIGH BANKS 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 HIGH BANKS 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 2 JUN	£525,000	£337,552	56% above HPI
2007 26 JAN	£417,500	£278,945	50% above HPI

HIGH BANKS 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 HIGH BANKS sales from January 2007 and June 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 January 2007 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the June 2017 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is HIGH BANKS?

HIGH BANKS is 195m², which includes three extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 20% of detached houses in Trull, based on EPC data. The below chart shows the distribution of detached houses by size in Trull, and where HIGH BANKS lies on this distribution: 81% of detached houses are smaller than HIGH BANKS, and 19% of houses are larger. Note that EPC data is not available for all properties in Trull.

HIGH BANKS: Plot and Title Map

HIGH BANKS sits on a plot of roughly 0.298 of an acre, or 1,205m². The below map shows the location of HIGH BANKS, 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 HIGH BANKS). 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 HIGH BANKS?

HIGH BANKS is located on HONITON ROAD in TRULL, in the TA3 postcode district. The below map shows the position of HIGH BANKS on HONITON ROAD.