RUSHMERE, HIGHBANK, PORLOCK, MINEHEAD, TA24 8NS - £335,000

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

RUSHMERE is a very small extended detached house of 76m², built sometime between 1950 and 1966. It was last sold for £335,000 in October 2023, which was around 25% below the average October 2023 detached price in the Somerset local authority area. The most recent EPC inspection was March 2020, where the current energy rating was F, and the potential energy rating was E.

RUSHMERE Sold Prices

Land registry data shows two sales for RUSHMERE 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 RUSHMERE 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
2023 16 OCT	£335,000	£447,775	25% below HPI
2012 23 MAR	£180,000	£263,853	32% below HPI

RUSHMERE 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 RUSHMERE sales from March 2012 and October 2023 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 March 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is RUSHMERE?

RUSHMERE is 76m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in Porlock, based on EPC data. The below chart shows the distribution of detached houses by size in Porlock, and where RUSHMERE lies on this distribution: 3% of detached houses are smaller than RUSHMERE, and 96% of houses are larger. Note that EPC data is not available for all properties in Porlock.

RUSHMERE: Plot and Title Map

RUSHMERE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of RUSHMERE, 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 RUSHMERE). 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 RUSHMERE?

RUSHMERE is located on HIGHBANK in PORLOCK, in the TA24 postcode district. The below map shows the position of RUSHMERE on HIGHBANK.