SHANGRI LA, SOUTHFIELD, RADSTOCK, BA3 3QB - £215,000

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.

SHANGRI LA is a very small detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £331,116. It was last sold for £215,000 in October 2014, which was around 53% below the average October 2014 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

SHANGRI LA Sold Prices

Land registry data shows two sales for SHANGRI LA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. Both of the two SHANGRI LA 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 21 OCT	£215,000	£456,956	53% below HPI
1999 29 NOV	£83,500	£169,342	51% below HPI

SHANGRI LA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The two SHANGRI LA sales from November 1999 and October 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 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2014 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might SHANGRI LA be worth now?

SHANGRI LA might now be worth an estimated £331,116.

This is based on house price inflation of 54%, between October 2014 and February 2025, for detached houses, in the Bath and North East Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54% inflationary increase is applied to the most recent sale price for SHANGRI LA of £215,000 on 21st October 2014. For the value to have increased from £215,000 to £331,116 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of SHANGRI LA has moved in line with the HPI for detached houses in the Bath and North East Somerset local authority area.
• The October 2014 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of SHANGRI LA has not materially changed since October 2014.

How Large is SHANGRI LA?

SHANGRI LA is 70m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses houses in Radstock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Radstock, and where SHANGRI LA lies on this distribution: 4% of detached houses houses are smaller than SHANGRI LA, and 95% of houses are larger. Note that EPC data is not available for all properties in Radstock.

SHANGRI LA: Plot and Title Map

SHANGRI LA sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of SHANGRI LA, 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 SHANGRI LA). 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 SHANGRI LA?

SHANGRI LA is located on SOUTHFIELD in RADSTOCK, in the BA3 postcode district. The below map shows the position of SHANGRI LA on SOUTHFIELD.