SILVERSTREAM, PARSONAGE LANE, CHILCOMPTON, RADSTOCK, BA3 4JU - £680,000

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.

SILVERSTREAM is a very large extended detached house of 191m², built sometime before 1900, which could now be worth an estimated £836,558. It was last sold for £680,000 in February 2020, which was around 82% above the average February 2020 detached price in the Somerset local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was A.

SILVERSTREAM Sold Prices

Land registry data shows two sales for SILVERSTREAM 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 SILVERSTREAM sales were for above 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
2020 27 FEB	£680,000	£374,262	82% above HPI
1999 5 NOV	£130,000	£125,068	4% above HPI

SILVERSTREAM 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 SILVERSTREAM sales from November 1999 and February 2020 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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2020 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

What might SILVERSTREAM be worth now?

SILVERSTREAM might now be worth an estimated £836,558.

This is based on house price inflation of 23%, between February 2020 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 23% inflationary increase is applied to the most recent sale price for SILVERSTREAM of £680,000 on 27th February 2020. For the value to have increased from £680,000 to £836,558 over the five years to February 2025, the following assumptions must hold true:

• The value of SILVERSTREAM has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2020 sale price of £680,000 represented a fair market value for the property.
• The size, condition, and specification of SILVERSTREAM has not materially changed since February 2020.

How Large is SILVERSTREAM?

SILVERSTREAM is 191m², which includes four extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% of detached houses houses in Chilcompton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilcompton, and where SILVERSTREAM lies on this distribution: 86% of detached houses houses are smaller than SILVERSTREAM, and 13% of houses are larger. Note that EPC data is not available for all properties in Chilcompton.

SILVERSTREAM: Plot and Title Map

SILVERSTREAM sits on a plot of roughly 0.336 of an acre, or 1,358m². The below map shows the location of SILVERSTREAM, 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 SILVERSTREAM). 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 SILVERSTREAM?

SILVERSTREAM is located on PARSONAGE LANE in CHILCOMPTON, in the BA3 postcode district. The below map shows the position of SILVERSTREAM on PARSONAGE LANE.