MELDON, STOWEY ROAD, FIVEHEAD, TAUNTON, TA3 6PP - £385,000

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.

MELDON is a large extended detached house of 153m², built sometime between 1996 and 2002, which could now be worth an estimated £621,660. It was last sold for £385,000 in September 2008, which was around 35% 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.

MELDON Sold Prices

Land registry data shows three sales for MELDON since 1^st 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	£285,148	35% above HPI
2003 24 JAN	£270,000	£214,002	26% above HPI
1999 3 AUG	£170,000	£118,416	44% above HPI

MELDON 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 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 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2008 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might MELDON be worth now?

MELDON might now be worth an estimated £621,660.

This is based on house price inflation of 61.5%, between September 2008 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 61.5% inflationary increase is applied to the most recent sale price for MELDON of £385,000 on 10th September 2008. For the value to have increased from £385,000 to £621,660 over the seventeen years and seven months to February 2025, the following assumptions must hold true:

• The value of MELDON has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2008 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of MELDON has not materially changed since September 2008.

How Large is MELDON?

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 houses in Fivehead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fivehead, and where MELDON lies on this distribution: 71% of detached houses houses are smaller than MELDON, and 29% of houses are larger. Note that EPC data is not available for all properties in Fivehead.

MELDON: Plot and Title Map

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.

Where is MELDON?

MELDON is located on STOWEY ROAD in FIVEHEAD, in the TA3 postcode district. The below map shows the position of MELDON on STOWEY ROAD.