OAKWOOD, MARTLET ROAD, MINEHEAD, TA24 5QE - £372,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

OAKWOOD is a large extended semi-detached house of 126m², built sometime before 1900. It was last sold for £372,500 in April 2013, which was around 37% above the average April 2013 detached price in the Somerset local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

OAKWOOD Sold Prices

Land registry data shows three sales for OAKWOOD 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 OAKWOOD 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
2013 19 APR	£372,500	£271,987	37% above HPI
2010 5 FEB	£340,000	£269,340	26% above HPI
2007 17 JAN	£355,000	£278,945	27% above HPI

OAKWOOD 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 OAKWOOD sales between January 2007 and April 2013 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 February 2010 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2013 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is OAKWOOD?

OAKWOOD is 126m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the largest 40% of detached houses in Minehead, based on EPC data. The below chart shows the distribution of detached houses by size in Minehead, and where OAKWOOD lies on this distribution: 63% of detached houses are smaller than OAKWOOD, and 37% of houses are larger. Note that EPC data is not available for all properties in Minehead.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of OAKWOOD, 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 OAKWOOD). 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 OAKWOOD?

OAKWOOD is located on MARTLET ROAD in MINEHEAD, in the TA24 postcode district. The below map shows the position of OAKWOOD on MARTLET ROAD.