LEACROFT, HIGHBANK, PORLOCK, MINEHEAD, TA24 8NS - £210,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LEACROFT is a very small detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £285,418. It was last sold for £210,000 in November 2016, which was around 38% below the average November 2016 detached price in the Somerset local authority area. The most recent EPC inspection was October 2015, where the current energy rating was F, and the potential energy rating was C.

LEACROFT Sold Prices

Land registry data shows two sales for LEACROFT 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 LEACROFT 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
2016 21 NOV	£210,000	£338,767	38% below HPI
2004 8 OCT	£150,000	£266,823	44% below HPI

LEACROFT 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 LEACROFT sales from October 2004 and November 2016 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 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might LEACROFT be worth now?

LEACROFT might now be worth an estimated £285,418.

This is based on house price inflation of 35.9%, between November 2016 and February 2025, 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 35.9% inflationary increase is applied to the most recent sale price for LEACROFT of £210,000 on 21st November 2016. For the value to have increased from £210,000 to £285,418 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of LEACROFT has moved in line with the HPI for detached houses in the Somerset local authority area.
• The November 2016 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of LEACROFT has not materially changed since November 2016.

How Large is LEACROFT?

LEACROFT is 59m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses houses in Porlock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Porlock, and where LEACROFT lies on this distribution: 2% of detached houses houses are smaller than LEACROFT, and 98% of houses are larger. Note that EPC data is not available for all properties in Porlock.

LEACROFT: Plot and Title Map

LEACROFT sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of LEACROFT, 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 LEACROFT). 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 LEACROFT?

LEACROFT is located on HIGHBANK in PORLOCK, in the TA24 postcode district. The below map shows the position of LEACROFT on HIGHBANK.