PERRYHILL, REDWAY, PORLOCK, MINEHEAD, TA24 8QQ - £525,000

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.

PERRYHILL is a very large extended detached house of 232m², built sometime between 1983 and 1990, which could now be worth an estimated £624,515. It was last sold for £525,000 in September 2020, which was around 36% above the average September 2020 detached price in the Somerset local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was D.

PERRYHILL Sold Prices

Land registry data shows two sales for PERRYHILL 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 PERRYHILL 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
2020 10 SEP	£525,000	£387,061	36% above HPI
2017 14 JUN	£460,000	£348,183	32% above HPI

PERRYHILL 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 PERRYHILL sales from June 2017 and September 2020 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 June 2017 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2020 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might PERRYHILL be worth now?

PERRYHILL might now be worth an estimated £624,515.

This is based on house price inflation of 19%, between September 2020 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 19% inflationary increase is applied to the most recent sale price for PERRYHILL of £525,000 on 10th September 2020. For the value to have increased from £525,000 to £624,515 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of PERRYHILL has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2020 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of PERRYHILL has not materially changed since September 2020.

How Large is PERRYHILL?

PERRYHILL is 232m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 10% 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 PERRYHILL lies on this distribution: 92% of detached houses houses are smaller than PERRYHILL, and 8% of houses are larger. Note that EPC data is not available for all properties in Porlock.

PERRYHILL: Plot and Title Map

PERRYHILL sits on a plot of roughly 0.273 of an acre, or 1,106m². The below map shows the location of PERRYHILL, 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 PERRYHILL). 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 PERRYHILL?

PERRYHILL is located on REDWAY in PORLOCK, in the TA24 postcode district. The below map shows the position of PERRYHILL on REDWAY.