OAKWOOD, PARK LANE, CARHAMPTON, MINEHEAD, TA24 6NL - £240,000

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

OAKWOOD is a large detached house of 122m², built sometime between 1976 and 1982. It was last sold for £240,000 in December 2003, which was around 5% above the average December 2003 detached price in the Somerset local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

OAKWOOD Sold Prices

Land registry data shows two sales for OAKWOOD 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 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
2003 2 DEC	£240,000	£228,625	5% above HPI
1999 23 APR	£115,000	£107,019	7% 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 two OAKWOOD sales from April 1999 and December 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 April 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2003 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is OAKWOOD?

OAKWOOD is 122m² according to the EPC inspection conducted in December 2014. This puts it in the largest 40% of detached houses in Carhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Carhampton, and where OAKWOOD lies on this distribution: 62% of detached houses are smaller than OAKWOOD, and 38% of houses are larger. Note that EPC data is not available for all properties in Carhampton.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 0.145 of an acre, or 586m². 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 PARK LANE in CARHAMPTON, in the TA24 postcode district. The below map shows the position of OAKWOOD on PARK LANE.