SHANGRILA, CATCOTT ROAD, BURTLE, BRIDGWATER, TA7 8NE - £385,000

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.

SHANGRILA is a midsized extended detached house of 141m², built sometime between 1996 and 2002, which could now be worth an estimated £419,640. It was last sold for £385,000 in December 2021, which was around 9% below the average December 2021 detached price in the Somerset local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

SHANGRILA Sold Prices

Land registry data shows four sales for SHANGRILA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four SHANGRILA 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
2021 3 DEC	£385,000	£422,422	9% below HPI
2017 8 SEP	£345,000	£355,714	3% below HPI
2015 2 DEC	£278,000	£319,863	13% below HPI
2002 29 MAY	£176,500	£177,406	1% below HPI

SHANGRILA 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 four SHANGRILA sales between May 2002 and December 2021 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 September 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might SHANGRILA be worth now?

SHANGRILA might now be worth an estimated £419,640.

This is based on house price inflation of 9%, between December 2021 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 9% inflationary increase is applied to the most recent sale price for SHANGRILA of £385,000 on 3rd December 2021. For the value to have increased from £385,000 to £419,640 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of SHANGRILA has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2021 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of SHANGRILA has not materially changed since December 2021.

How Large is SHANGRILA?

SHANGRILA is 141m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% of detached houses houses in Burtle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burtle, and where SHANGRILA lies on this distribution: 42% of detached houses houses are smaller than SHANGRILA, and 58% of houses are larger. Note that EPC data is not available for all properties in Burtle.

SHANGRILA: Plot and Title Map

SHANGRILA sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of SHANGRILA, 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 SHANGRILA). 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 SHANGRILA?

SHANGRILA is located on CATCOTT ROAD in BURTLE, in the TA7 postcode district. The below map shows the position of SHANGRILA on CATCOTT ROAD.