NORTH VIEW, FRYS WELL, CHILCOMPTON, RADSTOCK, BA3 4HA - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

NORTH VIEW is a very small extended detached house of 76m², built sometime between 1900 and 1929, which could now be worth an estimated £422,190. It was last sold for £300,000 in May 2016, which was around 8% below the average May 2016 detached price in the Somerset local authority area. The most recent EPC inspection was August 2015, where the current energy rating was F, and the potential energy rating was C.

NORTH VIEW Sold Prices

Land registry data shows three sales for NORTH VIEW 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 NORTH VIEW 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 MAY	£300,000	£325,371	8% below HPI
2004 1 OCT	£227,000	£266,823	15% below HPI
2000 17 NOV	£128,500	£147,028	13% below HPI

NORTH VIEW 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 NORTH VIEW sales between November 2000 and May 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 October 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2016 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might NORTH VIEW be worth now?

NORTH VIEW might now be worth an estimated £422,190.

This is based on house price inflation of 40.7%, between May 2016 and December 2024, 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 40.7% inflationary increase is applied to the most recent sale price for NORTH VIEW of £300,000 on 31st May 2016. For the value to have increased from £300,000 to £422,190 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of NORTH VIEW has moved in line with the HPI for detached houses in the Somerset local authority area.
• The May 2016 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of NORTH VIEW has not materially changed since May 2016.

How Large is NORTH VIEW?

NORTH VIEW is 76m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of detached houses houses in Chilcompton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilcompton, and where NORTH VIEW lies on this distribution: 3% of detached houses houses are smaller than NORTH VIEW, and 97% of houses are larger. Note that EPC data is not available for all properties in Chilcompton.

NORTH VIEW: Plot and Title Map

NORTH VIEW sits on a plot of roughly 0.382 of an acre, or 1,546m². The below map shows the location of NORTH VIEW, 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 NORTH VIEW). 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 NORTH VIEW?

NORTH VIEW is located on FRYS WELL in CHILCOMPTON, in the BA3 postcode district. The below map shows the position of NORTH VIEW on FRYS WELL.