PARKFIELD, STATION ROAD, CREWKERNE, TA18 8AL - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

PARKFIELD is a large extended detached house of 173m², built sometime between 1930 and 1949. It was last sold for £215,000 in May 2014, which was around 25% below the average May 2014 detached price in the Somerset local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was C.

PARKFIELD Sold Prices

Land registry data shows three sales for PARKFIELD 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 PARKFIELD 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
2014 30 MAY	£215,000	£285,404	25% below HPI
2008 4 SEP	£187,500	£276,442	32% below HPI
2007 15 MAR	£185,000	£282,282	34% below HPI

PARKFIELD 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 PARKFIELD sales between March 2007 and May 2014 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 2008 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is PARKFIELD?

PARKFIELD is 173m², which includes two extensions, according to the EPC inspection conducted in August 2024. This puts it in the largest 30% of detached houses in Misterton, based on EPC data. The below chart shows the distribution of detached houses by size in Misterton, and where PARKFIELD lies on this distribution: 80% of detached houses are smaller than PARKFIELD, and 20% of houses are larger. Note that EPC data is not available for all properties in Misterton.

PARKFIELD: Plot and Title Map

PARKFIELD sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of PARKFIELD, 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 PARKFIELD). 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 PARKFIELD?

PARKFIELD is located on STATION ROAD in CREWKERNE, in the TA18 postcode district. The below map shows the position of PARKFIELD on STATION ROAD.