ROWANS, MARCH LANE, GALHAMPTON, YEOVIL, BA22 7AN - £315,000

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.

ROWANS is a small extended detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £485,673. It was last sold for £315,000 in July 2014, which was around 5% above the average July 2014 detached price in the Somerset local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

ROWANS Sold Prices

Land registry data shows three sales for ROWANS 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. Two of the three ROWANS sales were for above the average price, whilst one 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
2014 2 JUL	£315,000	£298,627	5% above HPI
2009 14 MAY	£280,000	£255,296	10% above HPI
2006 16 OCT	£280,000	£286,937	2% below HPI

ROWANS 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 ROWANS sales between October 2006 and July 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 May 2009 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2014 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might ROWANS be worth now?

ROWANS might now be worth an estimated £485,673.

This is based on house price inflation of 54.2%, between July 2014 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 54.2% inflationary increase is applied to the most recent sale price for ROWANS of £315,000 on 2nd July 2014. For the value to have increased from £315,000 to £485,673 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of ROWANS has moved in line with the HPI for detached houses in the Somerset local authority area.
• The July 2014 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of ROWANS has not materially changed since July 2014.

How Large is ROWANS?

ROWANS is 117m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses houses in Galhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Galhampton, and where ROWANS lies on this distribution: 34% of detached houses houses are smaller than ROWANS, and 66% of houses are larger. Note that EPC data is not available for all properties in Galhampton.

ROWANS: Plot and Title Map

ROWANS sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of ROWANS, 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 ROWANS). 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 ROWANS?

ROWANS is located on MARCH LANE in GALHAMPTON, in the BA22 postcode district. The below map shows the position of ROWANS on MARCH LANE.