NEWCHESTER FARM HOUSE, BROADWAY, MERRIOTT, TA16 5QH - £795,000

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

NEWCHESTER FARM HOUSE is a very large extended detached house of 211m², built sometime before 1900. It was last sold for £795,000 in December 2022, which was around 74% above the average December 2022 detached price in the Somerset local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

NEWCHESTER FARM HOUSE Sold Prices

Land registry data shows four sales for NEWCHESTER FARM HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four NEWCHESTER FARM 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
2022 1 DEC	£795,000	£455,987	74% above HPI
2017 14 AUG	£595,000	£342,545	74% above HPI
2002 19 APR	£319,000	£168,638	89% above HPI
2000 16 MAY	£160,000	£131,307	22% above HPI

NEWCHESTER FARM HOUSE 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 four NEWCHESTER FARM HOUSE sales between May 2000 and December 2022 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 August 2017 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the December 2022 sale, which was also at 74% above the HPI.

How Large is NEWCHESTER FARM HOUSE?

NEWCHESTER FARM HOUSE is 211m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses in Merriott, based on EPC data. The below chart shows the distribution of detached houses by size in Merriott, and where NEWCHESTER FARM HOUSE lies on this distribution: 93% of detached houses are smaller than NEWCHESTER FARM HOUSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Merriott.

NEWCHESTER FARM HOUSE: Plot and Title Map

NEWCHESTER FARM HOUSE sits on a plot of roughly 1.0 acres, or 4,109m². The below map shows the location of NEWCHESTER FARM 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 NEWCHESTER FARM 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.

Where is NEWCHESTER FARM HOUSE?

NEWCHESTER FARM HOUSE is located on BROADWAY in MERRIOTT, in the TA16 postcode district. The below map shows the position of NEWCHESTER FARM HOUSE on BROADWAY.