MELODY, SPEARCEY LANE, TRULL, TAUNTON, TA3 7HW - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MELODY is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £315,000 in November 2018, which was around 13% below the average November 2018 detached price in the Somerset local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

MELODY Sold Prices

Land registry data shows two sales for MELODY 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 MELODY sales were for below 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
2018 27 NOV	£315,000	£360,810	13% below HPI
1997 2 JUN	£73,000	£92,282	21% below HPI

MELODY 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 MELODY sales from June 1997 and November 2018 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 June 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is MELODY?

MELODY is 68m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses in Trull, based on EPC data. The below chart shows the distribution of detached houses by size in Trull, and where MELODY lies on this distribution: 2% of detached houses are smaller than MELODY, and 98% of houses are larger. Note that EPC data is not available for all properties in Trull.

MELODY: Plot and Title Map

MELODY sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of MELODY, 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 MELODY). 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 MELODY?

MELODY is located on SPEARCEY LANE in TRULL, in the TA3 postcode district. The below map shows the position of MELODY on SPEARCEY LANE.