OAKE BRIDGE FARMHOUSE, OAKE, TAUNTON, TA4 1AY - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OAKE BRIDGE FARMHOUSE is a very large extended detached house of 229m², built sometime before 1900, which could now be worth an estimated £541,253. It was last sold for £400,000 in February 2017, which was around 18% above the average February 2017 detached price in the Somerset local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

OAKE BRIDGE FARMHOUSE Sold Prices

Land registry data shows two sales for OAKE BRIDGE FARMHOUSE 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 OAKE BRIDGE FARMHOUSE 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
2017 7 FEB	£400,000	£340,269	18% above HPI
2006 31 JAN	£345,000	£261,109	32% above HPI

OAKE BRIDGE FARMHOUSE 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 OAKE BRIDGE FARMHOUSE sales from January 2006 and February 2017 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 January 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the February 2017 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might OAKE BRIDGE FARMHOUSE be worth now?

OAKE BRIDGE FARMHOUSE might now be worth an estimated £541,253.

This is based on house price inflation of 35.3%, between February 2017 and February 2025, 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 35.3% inflationary increase is applied to the most recent sale price for OAKE BRIDGE FARMHOUSE of £400,000 on 7th February 2017. For the value to have increased from £400,000 to £541,253 over the eight years to February 2025, the following assumptions must hold true:

• The value of OAKE BRIDGE FARMHOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2017 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of OAKE BRIDGE FARMHOUSE has not materially changed since February 2017.

How Large is OAKE BRIDGE FARMHOUSE?

OAKE BRIDGE FARMHOUSE is 229m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses houses in Oake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oake, and where OAKE BRIDGE FARMHOUSE lies on this distribution: 96% of detached houses houses are smaller than OAKE BRIDGE FARMHOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Oake.

OAKE BRIDGE FARMHOUSE: Plot and Title Map

OAKE BRIDGE FARMHOUSE sits on a plot of roughly 0.263 of an acre, or 1,063m². The below map shows the location of OAKE BRIDGE FARMHOUSE, 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 OAKE BRIDGE FARMHOUSE). 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 OAKE BRIDGE FARMHOUSE?

OAKE BRIDGE FARMHOUSE is located in OAKE, in the TA4 postcode district. The below map shows the position of OAKE BRIDGE FARMHOUSE in OAKE.