MADRON, OSTLINGS LANE, BATHFORD, BATH, BA1 7RW - £1,400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MADRON is a very large extended detached house of 196m², built sometime between 1983 and 1990. It was last sold for £1,400,000 in July 2023, which was around 98% above the average July 2023 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was C.

MADRON Sold Prices

Land registry data shows three sales for MADRON since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the three MADRON sales were 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
2023 4 JUL	£1,400,000	£705,514	98% above HPI
2022 16 SEP	£1,450,000	£716,451	102% above HPI
2012 18 JUL	£794,000	£398,789	99% above HPI

MADRON Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The three MADRON sales between July 2012 and July 2023 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 2022 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the July 2023 sale, where it falls to 98% above the HPI. The line then continues to track at 98% above the HPI.

How Large is MADRON?

MADRON is 196m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses in Bathford, based on EPC data. The below chart shows the distribution of detached houses by size in Bathford, and where MADRON lies on this distribution: 83% of detached houses are smaller than MADRON, and 17% of houses are larger. Note that EPC data is not available for all properties in Bathford.

MADRON: Plot and Title Map

MADRON sits on a plot of roughly 0.351 of an acre, or 1,422m². The below map shows the location of MADRON, 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 MADRON). 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 MADRON?

MADRON is located on OSTLINGS LANE in BATHFORD, in the BA1 postcode district. The below map shows the position of MADRON on OSTLINGS LANE.