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
MELDON is a large extended detached house of 153m², built sometime between 1996 and 2002. It was last sold for £385,000 in September 2008, which was around 39% above the average September 2008 detached price in the Somerset local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for MELDON since 1st 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 MELDON 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 |
---|---|---|---|
2008 10 SEP | £385,000 | £276,442 | 39% above HPI |
2003 24 JAN | £270,000 | £207,468 | 30% above HPI |
1999 3 AUG | £170,000 | £114,801 | 48% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three MELDON sales between August 1999 and September 2008 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 January 2003 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2008 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.
MELDON is 153m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 30% of detached houses in Fivehead, based on EPC data. The below chart shows the distribution of detached houses by size in Fivehead, and where MELDON lies on this distribution: 73% of detached houses are smaller than MELDON, and 27% of houses are larger. Note that EPC data is not available for all properties in Fivehead.
MELDON sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of MELDON, 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 MELDON). 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.
MELDON is located on STOWEY ROAD in FIVEHEAD, in the TA3 postcode district. The below map shows the position of MELDON on STOWEY ROAD.