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
MARTELLA HOUSE is a very small extended detached house of 139m², built sometime between 1976 and 1982. It was last sold for £510,000 in April 2024, which was around 18% above the average April 2024 detached price in the Somerset local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows six sales for MARTELLA HOUSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Most of the six MARTELLA 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 |
---|---|---|---|
2024 26 APR | £510,000 | £433,833 | 18% above HPI |
2021 10 DEC | £475,000 | £409,524 | 16% above HPI |
2017 23 MAR | £330,000 | £332,739 | 1% below HPI |
2006 26 APR | £285,000 | £255,800 | 11% above HPI |
2003 10 NOV | £265,000 | £228,235 | 16% above HPI |
1996 6 MAR | £90,000 | £82,277 | 9% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The six MARTELLA HOUSE sales between March 1996 and April 2024 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 2021 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2024 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.
MARTELLA HOUSE is 139m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses in Marston Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Marston Magna, and where MARTELLA HOUSE lies on this distribution: 12% of detached houses are smaller than MARTELLA HOUSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Marston Magna.
MARTELLA HOUSE sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of MARTELLA 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 MARTELLA 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.
MARTELLA HOUSE is located on CAMEL STREET in MARSTON MAGNA, in the BA22 postcode district. The below map shows the position of MARTELLA HOUSE on CAMEL STREET.