PINEWOOD, BROADWAY, CHILCOMPTON, RADSTOCK, BA3 4GT - £360,000

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

PINEWOOD is a very small detached house of 65m², built sometime from 2007 onwards. It was last sold for £360,000 in June 2017, which was around 7% above the average June 2017 detached price in the Somerset local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was A.

PINEWOOD Sold Prices

Land registry data shows three sales for PINEWOOD 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. The three PINEWOOD sales were a mix of above the average price, roughly equal to the average price, and 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
2017 2 JUN	£360,000	£337,552	7% above HPI
2014 4 JUL	£289,950	£289,509	Close to HPI
2012 6 FEB	£249,995	£264,233	5% below HPI

PINEWOOD 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 PINEWOOD sales between February 2012 and June 2017 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2017 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is PINEWOOD?

PINEWOOD is 65m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Chilcompton, based on EPC data. The below chart shows the distribution of detached houses by size in Chilcompton, and where PINEWOOD lies on this distribution: 2% of detached houses are smaller than PINEWOOD, and 98% of houses are larger. Note that EPC data is not available for all properties in Chilcompton.

PINEWOOD: Plot and Title Map

PINEWOOD sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of PINEWOOD, 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 PINEWOOD). 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 PINEWOOD?

PINEWOOD is located on BROADWAY in CHILCOMPTON, in the BA3 postcode district. The below map shows the position of PINEWOOD on BROADWAY.