REDLANDS, MAIN ROAD, CARHAMPTON, MINEHEAD, TA24 6NQ - £181,000

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

REDLANDS is a midsized extended semi-detached house of 101m², built sometime between 1950 and 1966. It was last sold for £181,000 in February 2014, which was around 35% below the average February 2014 detached price in the Somerset local authority area. The most recent EPC inspection was April 2012, where the current energy rating was F, and the potential energy rating was C.

REDLANDS Sold Prices

Land registry data shows two sales for REDLANDS 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 REDLANDS 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 7 FEB	£181,000	£279,363	35% below HPI
1999 30 NOV	£89,950	£121,250	26% below HPI

REDLANDS 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 REDLANDS sales from November 1999 and February 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 November 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is REDLANDS?

REDLANDS is 101m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 50% of detached houses in Carhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Carhampton, and where REDLANDS lies on this distribution: 45% of detached houses are smaller than REDLANDS, and 53% of houses are larger. Note that EPC data is not available for all properties in Carhampton.

REDLANDS: Plot and Title Map

REDLANDS sits on a plot of roughly 0.173 of an acre, or 698m². The below map shows the location of REDLANDS, 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 REDLANDS). 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 REDLANDS?

REDLANDS is located on MAIN ROAD in CARHAMPTON, in the TA24 postcode district. The below map shows the position of REDLANDS on MAIN ROAD.