PIPPINS, THE CAUSEWAY, MARK, HIGHBRIDGE, TA9 4PZ - £318,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PIPPINS is a very small detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £411,613. It was last sold for £318,000 in September 2017, which was around 11% below the average September 2017 detached price in the Somerset local authority area. The most recent EPC inspection was August 2014, where the current energy rating was F, and the potential energy rating was E.

PIPPINS Sold Prices

Land registry data shows two sales for PIPPINS 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 PIPPINS 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
2017 13 SEP	£318,000	£355,714	11% below HPI
2006 16 JUN	£217,500	£271,305	20% below HPI

PIPPINS 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 PIPPINS sales from June 2006 and September 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 June 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2017 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might PIPPINS be worth now?

PIPPINS might now be worth an estimated £411,613.

This is based on house price inflation of 29.4%, between September 2017 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 29.4% inflationary increase is applied to the most recent sale price for PIPPINS of £318,000 on 13th September 2017. For the value to have increased from £318,000 to £411,613 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of PIPPINS has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2017 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of PIPPINS has not materially changed since September 2017.

How Large is PIPPINS?

PIPPINS is 94m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses houses in Mark Causeway, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mark Causeway, and where PIPPINS lies on this distribution: Less than 1% of detached houses houses are smaller than PIPPINS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Mark Causeway.

PIPPINS: Plot and Title Map

PIPPINS sits on a plot of roughly 0.184 of an acre, or 743m². The below map shows the location of PIPPINS, 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 PIPPINS). 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 PIPPINS?

PIPPINS is located on THE CAUSEWAY in MARK, in the TA9 postcode district. The below map shows the position of PIPPINS on THE CAUSEWAY.