HOLLYBANK, THE POUND, BROADWAY, ILMINSTER, TA19 9RA - £485,000

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

HOLLYBANK is a large extended detached house of 160m², built sometime between 1976 and 1982. It was last sold for £485,000 in June 2021, which was around 26% above the average June 2021 detached price in the Somerset local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was D.

HOLLYBANK Sold Prices

Land registry data shows two sales for HOLLYBANK 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 HOLLYBANK 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
2021 29 JUN	£485,000	£386,350	26% above HPI
1997 4 APR	£132,500	£90,858	46% above HPI

HOLLYBANK 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 HOLLYBANK sales from April 1997 and June 2021 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 April 1997 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the June 2021 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is HOLLYBANK?

HOLLYBANK is 160m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 40% of detached houses in Broadway, based on EPC data. The below chart shows the distribution of detached houses by size in Broadway, and where HOLLYBANK lies on this distribution: 67% of detached houses are smaller than HOLLYBANK, and 32% of houses are larger. Note that EPC data is not available for all properties in Broadway.

HOLLYBANK: Plot and Title Map

HOLLYBANK sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of HOLLYBANK, 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 HOLLYBANK). 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 HOLLYBANK?

HOLLYBANK is located on THE POUND in BROADWAY, in the TA19 postcode district. The below map shows the position of HOLLYBANK on THE POUND.