LAWRENCE CLOSE, WOOD STREET, MILVERTON, TAUNTON, TA4 1QU - £231,000

LAWRENCE CLOSE is a small extended detached house of 110m², built sometime before 1900. It was last sold for £231,000 in March 2010, which was around 15% below the average March 2010 detached price in the Somerset local authority area. The most recent EPC inspection was November 2008, where the current energy rating was F, and the potential energy rating was F.

LAWRENCE CLOSE Sold Prices

Land registry data shows three sales for LAWRENCE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three LAWRENCE CLOSE sales were 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
2010 24 MAR	£231,000	£270,433	15% below HPI
2002 16 DEC	£175,500	£205,048	14% below HPI
1999 7 OCT	£106,000	£120,169	12% below HPI

LAWRENCE 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 three LAWRENCE CLOSE sales between October 1999 and March 2010 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 December 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2010 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is LAWRENCE CLOSE?

LAWRENCE CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% of detached houses in Milverton, based on EPC data. The below chart shows the distribution of detached houses by size in Milverton, and where LAWRENCE CLOSE lies on this distribution: 39% of detached houses are smaller than LAWRENCE CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Milverton.

LAWRENCE CLOSE: Plot and Title Map

LAWRENCE CLOSE sits on a plot of roughly 0.025 of an acre, or 99m². The below map shows the location of LAWRENCE 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 LAWRENCE 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 LAWRENCE CLOSE?

LAWRENCE CLOSE is located on WOOD STREET in MILVERTON, in the TA4 postcode district. The below map shows the position of LAWRENCE CLOSE on WOOD STREET.