REDLANDS, TOLL ROAD, PORLOCK, MINEHEAD, TA24 8JH - £295,000

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.

REDLANDS is a very large detached house of 185m², built sometime between 1930 and 1949, which could now be worth an estimated £568,293. It was last sold for £295,000 in January 2004, which was around 23% above the average January 2004 detached price in the Somerset local authority area. The most recent EPC inspection was November 2008, where the current energy rating was F, and the potential energy rating was E.

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 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
2004 28 JAN	£295,000	£239,008	23% above HPI
1996 25 JUN	£142,000	£87,045	63% above 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 June 1996 and January 2004 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 1996 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the January 2004 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might REDLANDS be worth now?

REDLANDS might now be worth an estimated £568,293.

This is based on house price inflation of 92.6%, between January 2004 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 92.6% inflationary increase is applied to the most recent sale price for REDLANDS of £295,000 on 28th January 2004. For the value to have increased from £295,000 to £568,293 over the twenty years and eleven months to February 2025, the following assumptions must hold true:

• The value of REDLANDS has moved in line with the HPI for detached houses in the Somerset local authority area.
• The January 2004 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of REDLANDS has not materially changed since January 2004.

How Large is REDLANDS?

REDLANDS is 185m² according to the EPC inspection conducted in November 2008. This puts it in the largest 20% 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 REDLANDS lies on this distribution: 80% of detached houses houses are smaller than REDLANDS, and 20% of houses are larger. Note that EPC data is not available for all properties in Porlock.

REDLANDS: Plot and Title Map

REDLANDS sits on a plot of roughly 0.131 of an acre, or 530m². 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 TOLL ROAD in PORLOCK, in the TA24 postcode district. The below map shows the position of REDLANDS on TOLL ROAD.