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
MYLNE is a small extended detached house of 98m², built sometime between 1930 and 1949. It was last sold for £280,000 in March 2016, which was around 11% below the average March 2016 detached price in the Somerset local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for MYLNE 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 MYLNE 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 |
---|---|---|---|
2016 31 MAR | £280,000 | £315,704 | 11% below HPI |
2015 26 JUN | £295,000 | £299,758 | 2% below HPI |
1999 9 NOV | £85,000 | £121,250 | 30% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three MYLNE sales between November 1999 and March 2016 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 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
MYLNE is 98m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Monkton Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Monkton Heathfield, and where MYLNE lies on this distribution: 29% of detached houses are smaller than MYLNE, and 67% of houses are larger. Note that EPC data is not available for all properties in Monkton Heathfield.
MYLNE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of MYLNE, 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 MYLNE). 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.
MYLNE is located on GREENWAY in MONKTON HEATHFIELD, in the TA2 postcode district. The below map shows the position of MYLNE on GREENWAY.