OAKLEAZE, WEYMOUTH ROAD, EVERCREECH, SHEPTON MALLET, BA4 6JB - £202,500

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

OAKLEAZE is a very large extended detached house of 199m², built sometime between 1983 and 1990. It was last sold for £202,500 in October 2003, which was around 11% below the average October 2003 detached price in the Somerset local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was A.

OAKLEAZE Sold Prices

Land registry data shows three sales for OAKLEAZE 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 OAKLEAZE 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
2003 24 OCT	£202,500	£226,579	11% below HPI
2002 25 NOV	£177,000	£202,330	13% below HPI
2001 27 APR	£140,000	£143,093	2% below HPI

OAKLEAZE 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 OAKLEAZE sales between April 2001 and October 2003 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 November 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2003 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is OAKLEAZE?

OAKLEAZE is 199m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of detached houses in Evercreech, based on EPC data. The below chart shows the distribution of detached houses by size in Evercreech, and where OAKLEAZE lies on this distribution: 93% of detached houses are smaller than OAKLEAZE, and 7% of houses are larger. Note that EPC data is not available for all properties in Evercreech.

OAKLEAZE: Plot and Title Map

OAKLEAZE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of OAKLEAZE, 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 OAKLEAZE). 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 OAKLEAZE?

OAKLEAZE is located on WEYMOUTH ROAD in EVERCREECH, in the BA4 postcode district. The below map shows the position of OAKLEAZE on WEYMOUTH ROAD.