Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources
OLD POST OFFICE is a midsized extended detached house of 155m², built sometime between 2003 and 2006, which could now be worth an estimated £739,338. It was last sold for £465,000 in October 2013, which was around 61% above the average October 2013 detached price in the Somerset local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for OLD POST OFFICE since 1st 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 OLD POST OFFICE 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 16 OCT | £465,000 | £287,989 | ![]() 61% above HPI |
2008 31 MAR | £495,000 | £300,827 | ![]() 65% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two OLD POST OFFICE sales from March 2008 and October 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 March 2008 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the October 2013 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.
OLD POST OFFICE might now be worth an estimated £739,338.
This is based on house price inflation of 59%, between October 2013 and December 2024, 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 59% inflationary increase is applied to the most recent sale price for OLD POST OFFICE of £465,000 on 16th October 2013. For the value to have increased from £465,000 to £739,338 over the ten years and ten months to December 2024, the following assumptions must hold true:
OLD POST OFFICE is 155m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 50% of detached houses houses in Pitney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pitney, and where OLD POST OFFICE lies on this distribution: 57% of detached houses houses are smaller than OLD POST OFFICE, and 43% of houses are larger. Note that EPC data is not available for all properties in Pitney.
OLD POST OFFICE sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of OLD POST OFFICE, 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 OLD POST OFFICE). 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.
OLD POST OFFICE is located in PITNEY, in the TA10 postcode district. The below map shows the position of OLD POST OFFICE in PITNEY.