OLD POST OFFICE, WEST BUCKLAND, WELLINGTON, TA21 9JZ - £230,000

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

OLD POST OFFICE is a very small extended detached house of 66m², built sometime before 1900. It was last sold for £230,000 in October 2012, which was around 16% below the average October 2012 detached price in the Somerset local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

OLD POST OFFICE Sold Prices

Land registry data shows three sales for OLD POST OFFICE 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 OLD POST OFFICE 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
2012 2 OCT	£230,000	£275,212	16% below HPI
2010 14 MAY	£200,000	£270,215	26% below HPI
1996 22 JUL	£71,000	£84,939	16% below HPI

OLD POST OFFICE 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 OLD POST OFFICE sales between July 1996 and October 2012 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 May 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2012 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is OLD POST OFFICE?

OLD POST OFFICE is 66m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in West Buckland, based on EPC data. The below chart shows the distribution of detached houses by size in West Buckland, and where OLD POST OFFICE lies on this distribution: Less than 1% of detached houses are smaller than OLD POST OFFICE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in West Buckland.

OLD POST OFFICE: Plot and Title Map

OLD POST OFFICE sits on a plot of roughly 0.170 of an acre, or 690m². 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.

Where is OLD POST OFFICE?

OLD POST OFFICE is located in WEST BUCKLAND, in the TA21 postcode district. The below map shows the position of OLD POST OFFICE in WEST BUCKLAND.