SHARAMAR, FORE STREET, OTHERY, BRIDGWATER, TA7 0QS - £263,000

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

SHARAMAR is a small detached house of 118m², built sometime between 1991 and 1995. It was last sold for £263,000 in November 2018, which was around 27% below the average November 2018 detached price in the Somerset local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

SHARAMAR Sold Prices

Land registry data shows four sales for SHARAMAR 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 SHARAMAR 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
2018 30 NOV	£263,000	£360,810	27% below HPI
2014 30 OCT	£202,000	£294,639	31% below HPI
2006 3 JUL	£190,000	£267,135	29% below HPI
2000 11 FEB	£95,000	£124,673	24% below HPI

SHARAMAR 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 SHARAMAR sales between February 2000 and November 2018 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 October 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is SHARAMAR?

SHARAMAR is 118m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% of detached houses in Othery, based on EPC data. The below chart shows the distribution of detached houses by size in Othery, and where SHARAMAR lies on this distribution: 32% of detached houses are smaller than SHARAMAR, and 67% of houses are larger. Note that EPC data is not available for all properties in Othery.

SHARAMAR: Plot and Title Map

SHARAMAR sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of SHARAMAR, 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 SHARAMAR). 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 SHARAMAR?

SHARAMAR is located on FORE STREET in OTHERY, in the TA7 postcode district. The below map shows the position of SHARAMAR on FORE STREET.