RIDGETHORP, THE RIDGE, PORLOCK, MINEHEAD, TA24 8HA - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RIDGETHORP is a midsized extended detached house of 145m², built sometime between 1930 and 1949. It was last sold for £315,000 in October 2011, which was around 15% above the average October 2011 detached price in the Somerset local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

RIDGETHORP Sold Prices

Land registry data shows two sales for RIDGETHORP 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. One of the two RIDGETHORP sales was for above the average price, whilst the other was 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
2011 12 OCT	£315,000	£273,294	15% above HPI
2002 24 JUL	£175,000	£182,721	4% below HPI

RIDGETHORP 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 RIDGETHORP sales from July 2002 and October 2011 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 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2011 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is RIDGETHORP?

RIDGETHORP is 145m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 50% of detached houses in Porlock, based on EPC data. The below chart shows the distribution of detached houses by size in Porlock, and where RIDGETHORP lies on this distribution: 57% of detached houses are smaller than RIDGETHORP, and 43% of houses are larger. Note that EPC data is not available for all properties in Porlock.

RIDGETHORP: Plot and Title Map

RIDGETHORP sits on a plot of roughly 0.199 of an acre, or 804m². The below map shows the location of RIDGETHORP, 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 RIDGETHORP). 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 RIDGETHORP?

RIDGETHORP is located on THE RIDGE in PORLOCK, in the TA24 postcode district. The below map shows the position of RIDGETHORP on THE RIDGE.