LAUREL FARMHOUSE, CHAPEL ROAD, ROOKSBRIDGE, AXBRIDGE, BS26 2TB - £345,000

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

LAUREL FARMHOUSE is a large extended detached house of 169m², built sometime before 1900, which could now be worth an estimated £427,251. It was last sold for £345,000 in August 2018, which was around 7% below the average August 2018 detached price in the Somerset local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

LAUREL FARMHOUSE Sold Prices

Land registry data shows two sales for LAUREL FARMHOUSE 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 LAUREL FARMHOUSE sales was for below the average price, whilst the other was 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
2018 2 AUG	£345,000	£369,745	7% below HPI
2007 26 OCT	£330,000	£307,472	7% above HPI

LAUREL FARMHOUSE 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 LAUREL FARMHOUSE sales from October 2007 and August 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 October 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might LAUREL FARMHOUSE be worth now?

LAUREL FARMHOUSE might now be worth an estimated £427,251.

This is based on house price inflation of 23.8%, between August 2018 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 23.8% inflationary increase is applied to the most recent sale price for LAUREL FARMHOUSE of £345,000 on 2nd August 2018. For the value to have increased from £345,000 to £427,251 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of LAUREL FARMHOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The August 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of LAUREL FARMHOUSE has not materially changed since August 2018.

How Large is LAUREL FARMHOUSE?

LAUREL FARMHOUSE is 169m², which includes three extensions, according to the EPC inspection conducted in October 2011. This puts it in the largest 30% of detached houses houses in Rooks Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rooks Bridge, and where LAUREL FARMHOUSE lies on this distribution: 70% of detached houses houses are smaller than LAUREL FARMHOUSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Rooks Bridge.

LAUREL FARMHOUSE: Plot and Title Map

LAUREL FARMHOUSE sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of LAUREL FARMHOUSE, 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 LAUREL FARMHOUSE). 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 LAUREL FARMHOUSE?

LAUREL FARMHOUSE is located on CHAPEL ROAD in ROOKSBRIDGE, in the BS26 postcode district. The below map shows the position of LAUREL FARMHOUSE on CHAPEL ROAD.