PADDOCK HOUSE, WATER STREET, LOPEN, SOUTH PETHERTON, TA13 5JP - £911,000

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.

PADDOCK HOUSE is a very large extended detached house of 268m², built sometime between 1950 and 1966, which could now be worth an estimated £1,061,844. It was last sold for £911,000 in April 2021, which was around 131% above the average April 2021 detached price in the Somerset local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

PADDOCK HOUSE Sold Prices

Land registry data shows two sales for PADDOCK HOUSE 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 PADDOCK HOUSE 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
2021 15 APR	£911,000	£395,021	131% above HPI
2014 24 JUL	£605,000	£298,627	103% above HPI

PADDOCK HOUSE 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 PADDOCK HOUSE sales from July 2014 and April 2021 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 July 2014 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the April 2021 sale, where it rises to 131% above the HPI. The line then continues to track at 131% above the HPI.

What might PADDOCK HOUSE be worth now?

PADDOCK HOUSE might now be worth an estimated £1,061,844.

This is based on house price inflation of 16.6%, between April 2021 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 16.6% inflationary increase is applied to the most recent sale price for PADDOCK HOUSE of £911,000 on 15th April 2021. For the value to have increased from £911,000 to £1,061,844 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of PADDOCK HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The April 2021 sale price of £911,000 represented a fair market value for the property.
• The size, condition, and specification of PADDOCK HOUSE has not materially changed since April 2021.

How Large is PADDOCK HOUSE?

PADDOCK HOUSE is 268m², which includes four extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 20% of detached houses houses in Lopen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lopen, and where PADDOCK HOUSE lies on this distribution: 85% of detached houses houses are smaller than PADDOCK HOUSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Lopen.

PADDOCK HOUSE: Plot and Title Map

PADDOCK HOUSE sits on a plot of roughly 0.951 of an acre, or 3,849m². The below map shows the location of PADDOCK HOUSE, 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 PADDOCK HOUSE). 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 PADDOCK HOUSE?

PADDOCK HOUSE is located on WATER STREET in LOPEN, in the TA13 postcode district. The below map shows the position of PADDOCK HOUSE on WATER STREET.