HOPE CHAPEL, PITNEY, LANGPORT, TA10 9AE - £444,000

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

HOPE CHAPEL is a very large detached house of 241m², built sometime from 2007 onwards, which could now be worth an estimated £693,851. It was last sold for £444,000 in April 2014, which was around 52% above the average April 2014 detached price in the Somerset local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

HOPE CHAPEL Sold Prices

Land registry data shows two sales for HOPE CHAPEL 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. One of the two HOPE CHAPEL sales was for above the average price, whilst the other was 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
2014 15 APR	£444,000	£293,010	52% above HPI
2005 1 SEP	£225,000	£266,451	16% below HPI

HOPE CHAPEL 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 HOPE CHAPEL sales from September 2005 and April 2014 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 September 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2014 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might HOPE CHAPEL be worth now?

HOPE CHAPEL might now be worth an estimated £693,851.

This is based on house price inflation of 56.3%, between April 2014 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 56.3% inflationary increase is applied to the most recent sale price for HOPE CHAPEL of £444,000 on 15th April 2014. For the value to have increased from £444,000 to £693,851 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of HOPE CHAPEL has moved in line with the HPI for detached houses in the Somerset local authority area.
• The April 2014 sale price of £444,000 represented a fair market value for the property.
• The size, condition, and specification of HOPE CHAPEL has not materially changed since April 2014.

How Large is HOPE CHAPEL?

HOPE CHAPEL is 241m² according to the EPC inspection conducted in June 2013. This puts it in the largest 20% of detached houses houses in Pitney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pitney, and where HOPE CHAPEL lies on this distribution: 83% of detached houses houses are smaller than HOPE CHAPEL, and 17% of houses are larger. Note that EPC data is not available for all properties in Pitney.

HOPE CHAPEL: Plot and Title Map

HOPE CHAPEL sits on a plot of roughly 0.258 of an acre, or 1,044m². The below map shows the location of HOPE CHAPEL, 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 HOPE CHAPEL). 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 HOPE CHAPEL?

HOPE CHAPEL is located in PITNEY, in the TA10 postcode district. The below map shows the position of HOPE CHAPEL in PITNEY.