LACEY CLOSE, NORTHTOWN LANE, NORTH WOOTTON, SHEPTON MALLET, BA4 4AF - £375,000

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

LACEY CLOSE is a very small extended detached house of 121m², built sometime before 1900. It was last sold for £375,000 in April 2018, which was around 7% above the average April 2018 detached price in the Somerset local authority area. The most recent EPC inspection was May 2013, where the current energy rating was F, and the potential energy rating was B.

LACEY CLOSE Sold Prices

Land registry data shows two sales for LACEY CLOSE 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 LACEY CLOSE 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
2018 23 APR	£375,000	£351,530	7% above HPI
2016 17 JUN	£310,000	£318,088	3% below HPI

LACEY CLOSE 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 LACEY CLOSE sales from June 2016 and April 2018 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 June 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2018 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is LACEY CLOSE?

LACEY CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in North Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in North Wootton, and where LACEY CLOSE lies on this distribution: 9% of detached houses are smaller than LACEY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in North Wootton.

LACEY CLOSE: Plot and Title Map

LACEY CLOSE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of LACEY CLOSE, 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 LACEY CLOSE). 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 LACEY CLOSE?

LACEY CLOSE is located on NORTHTOWN LANE in NORTH WOOTTON, in the BA4 postcode district. The below map shows the position of LACEY CLOSE on NORTHTOWN LANE.