OAKWOOD, WALNUT LANE, COSSINGTON, BRIDGWATER, TA7 8LP - £285,000

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 extended detached house of 126m², built sometime between 2003 and 2006. It was last sold for £285,000 in July 2015, which was around 6% below the average July 2015 detached price in the Somerset local authority area. The most recent EPC inspection was September 2013, 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. One of the two OAKWOOD sales was for below the average price, whilst the other was 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
2015 10 JUL	£285,000	£302,418	6% below HPI
2006 7 SEP	£290,000	£275,821	5% 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 September 2006 and July 2015 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 September 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is OAKWOOD?

OAKWOOD is 126m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 40% of detached houses in Cossington, based on EPC data. The below chart shows the distribution of detached houses by size in Cossington, and where OAKWOOD lies on this distribution: 66% of detached houses are smaller than OAKWOOD, and 34% of houses are larger. Note that EPC data is not available for all properties in Cossington.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 0.083 of an acre, or 335m². 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 WALNUT LANE in COSSINGTON, in the TA7 postcode district. The below map shows the position of OAKWOOD on WALNUT LANE.