NEWLANDS, MELLS LANE, RADSTOCK, BA3 3NN - £310,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

NEWLANDS is a midsized extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £310,000 in November 2019, which was around 44% below the average November 2019 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was D.

NEWLANDS Sold Prices

Land registry data shows two sales for NEWLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. Both of the two NEWLANDS 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
2019 28 NOV	£310,000	£553,374	44% below HPI
2005 23 SEP	£267,500	£341,779	22% below HPI

NEWLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The two NEWLANDS sales from September 2005 and November 2019 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 September 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is NEWLANDS?

NEWLANDS is 113m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 50% of detached houses in Radstock, based on EPC data. The below chart shows the distribution of detached houses by size in Radstock, and where NEWLANDS lies on this distribution: 49% of detached houses are smaller than NEWLANDS, and 51% of houses are larger. Note that EPC data is not available for all properties in Radstock.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.270 of an acre, or 1,094m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on MELLS LANE in RADSTOCK, in the BA3 postcode district. The below map shows the position of NEWLANDS on MELLS LANE.