MAGNUM HOUSE, CROWN LANE, CREECH HEATHFIELD, TAUNTON, TA3 5EU - £330,000

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.

MAGNUM HOUSE is a large detached house of 161m², built sometime between 2003 and 2006, which could now be worth an estimated £560,434. It was last sold for £330,000 in September 2009, which was around 22% above the average September 2009 detached price in the Somerset local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

MAGNUM HOUSE Sold Prices

Land registry data shows two sales for MAGNUM HOUSE 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 MAGNUM HOUSE 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
2009 29 SEP	£330,000	£271,114	22% above HPI
2007 20 APR	£380,000	£292,759	30% above HPI

MAGNUM HOUSE 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 MAGNUM HOUSE sales from April 2007 and September 2009 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 April 2007 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2009 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might MAGNUM HOUSE be worth now?

MAGNUM HOUSE might now be worth an estimated £560,434.

This is based on house price inflation of 69.8%, between September 2009 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 69.8% inflationary increase is applied to the most recent sale price for MAGNUM HOUSE of £330,000 on 29th September 2009. For the value to have increased from £330,000 to £560,434 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of MAGNUM HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2009 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of MAGNUM HOUSE has not materially changed since September 2009.

How Large is MAGNUM HOUSE?

MAGNUM HOUSE is 161m² according to the EPC inspection conducted in March 2009. This puts it in the largest 30% of detached houses houses in Creech Heathfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Creech Heathfield, and where MAGNUM HOUSE lies on this distribution: 79% of detached houses houses are smaller than MAGNUM HOUSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Creech Heathfield.

MAGNUM HOUSE: Plot and Title Map

MAGNUM HOUSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of MAGNUM HOUSE, 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 MAGNUM HOUSE). 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 MAGNUM HOUSE?

MAGNUM HOUSE is located on CROWN LANE in CREECH HEATHFIELD, in the TA3 postcode district. The below map shows the position of MAGNUM HOUSE on CROWN LANE.