SOUTHVIEW, NEWLANDS CRESCENT, RUISHTON, TAUNTON, TA3 5LA - £364,000

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.

SOUTHVIEW is a very large extended detached house of 175m², built sometime between 1983 and 1990, which could now be worth an estimated £494,480. It was last sold for £364,000 in December 2016, which was around 7% above the average December 2016 detached price in the Somerset local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was C.

SOUTHVIEW Sold Prices

Land registry data shows three sales for SOUTHVIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Two of the three SOUTHVIEW sales were for above the average price, whilst one was 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
2016 22 DEC	£364,000	£338,934	7% above HPI
2013 8 FEB	£322,500	£277,577	16% above HPI
1998 8 JUL	£79,000	£106,852	26% below HPI

SOUTHVIEW 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 three SOUTHVIEW sales between July 1998 and December 2016 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 February 2013 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2016 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might SOUTHVIEW be worth now?

SOUTHVIEW might now be worth an estimated £494,480.

This is based on house price inflation of 35.8%, between December 2016 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 35.8% inflationary increase is applied to the most recent sale price for SOUTHVIEW of £364,000 on 22nd December 2016. For the value to have increased from £364,000 to £494,480 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of SOUTHVIEW has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2016 sale price of £364,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTHVIEW has not materially changed since December 2016.

How Large is SOUTHVIEW?

SOUTHVIEW is 175m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses houses in Ruishton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruishton, and where SOUTHVIEW lies on this distribution: 82% of detached houses houses are smaller than SOUTHVIEW, and 17% of houses are larger. Note that EPC data is not available for all properties in Ruishton.

SOUTHVIEW: Plot and Title Map

SOUTHVIEW sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of SOUTHVIEW, 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 SOUTHVIEW). 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 SOUTHVIEW?

SOUTHVIEW is located on NEWLANDS CRESCENT in RUISHTON, in the TA3 postcode district. The below map shows the position of SOUTHVIEW on NEWLANDS CRESCENT.