ORCHARD LEA, SPARKHAYES LANE, PORLOCK, MINEHEAD, TA24 8NE - £352,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ORCHARD LEA is a midsized detached house of 147m², built sometime between 1950 and 1966, which could now be worth an estimated £524,164. It was last sold for £352,000 in June 2015, which was around 14% above the average June 2015 detached price in the Somerset local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was D.

ORCHARD LEA Sold Prices

Land registry data shows four sales for ORCHARD LEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four ORCHARD LEA 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
2015 25 JUN	£352,000	£309,199	14% above HPI
2012 17 OCT	£352,500	£283,880	24% above HPI
1999 14 MAY	£145,000	£110,688	31% above HPI
1995 16 NOV	£110,000	£86,746	27% above HPI

ORCHARD LEA 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 four ORCHARD LEA sales between November 1995 and June 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 October 2012 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2015 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might ORCHARD LEA be worth now?

ORCHARD LEA might now be worth an estimated £524,164.

This is based on house price inflation of 48.9%, between June 2015 and February 2025, 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 48.9% inflationary increase is applied to the most recent sale price for ORCHARD LEA of £352,000 on 25th June 2015. For the value to have increased from £352,000 to £524,164 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of ORCHARD LEA has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2015 sale price of £352,000 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD LEA has not materially changed since June 2015.

How Large is ORCHARD LEA?

ORCHARD LEA is 147m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses houses in Porlock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Porlock, and where ORCHARD LEA lies on this distribution: 59% of detached houses houses are smaller than ORCHARD LEA, and 41% of houses are larger. Note that EPC data is not available for all properties in Porlock.

ORCHARD LEA: Plot and Title Map

ORCHARD LEA sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of ORCHARD LEA, 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 ORCHARD LEA). 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 ORCHARD LEA?

ORCHARD LEA is located on SPARKHAYES LANE in PORLOCK, in the TA24 postcode district. The below map shows the position of ORCHARD LEA on SPARKHAYES LANE.