SOLHEM, CHAPEL ROAD, CLANDOWN, RADSTOCK, BA3 3BP - £245,000

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

SOLHEM is a large extended detached house of 143m², built sometime between 1967 and 1975. It was last sold for £245,000 in September 2015, which was around 49% below the average September 2015 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

SOLHEM Sold Prices

Land registry data shows four sales for SOLHEM since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the four SOLHEM 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
2015 30 SEP	£245,000	£484,847	49% below HPI
2013 15 JUL	£240,000	£403,174	40% below HPI
2006 27 OCT	£242,450	£362,128	33% below HPI
1996 28 MAR	£62,000	£110,571	44% below HPI

SOLHEM 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 four SOLHEM sales between March 1996 and September 2015 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 July 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2015 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is SOLHEM?

SOLHEM is 143m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 30% of detached houses in Radstock, based on EPC data. The below chart shows the distribution of detached houses by size in Radstock, and where SOLHEM lies on this distribution: 78% of detached houses are smaller than SOLHEM, and 21% of houses are larger. Note that EPC data is not available for all properties in Radstock.

SOLHEM: Plot and Title Map

SOLHEM sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of SOLHEM, 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 SOLHEM). 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 SOLHEM?

SOLHEM is located on CHAPEL ROAD in CLANDOWN, in the BA3 postcode district. The below map shows the position of SOLHEM on CHAPEL ROAD.