SPEARCEY HOUSE, SPEARCEY LANE, TRULL, TAUNTON, TA3 7HW - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SPEARCEY HOUSE is a midsized extended detached house of 149m², built sometime between 1950 and 1966, which could now be worth an estimated £430,443. It was last sold for £265,000 in October 2011, which was around 6% below the average October 2011 detached price in the Somerset local authority area. The most recent EPC inspection was November 2010, where the current energy rating was F, and the potential energy rating was D.

SPEARCEY HOUSE Sold Prices

Land registry data shows three sales for SPEARCEY HOUSE 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. One of the three SPEARCEY HOUSE sales was for below the average price, whilst two 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
2011 7 OCT	£265,000	£281,901	6% below HPI
2007 30 NOV	£335,000	£308,256	9% above HPI
2004 12 OCT	£292,750	£266,823	10% above HPI

SPEARCEY HOUSE 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 SPEARCEY HOUSE sales between October 2004 and October 2011 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 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2011 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might SPEARCEY HOUSE be worth now?

SPEARCEY HOUSE might now be worth an estimated £430,443.

This is based on house price inflation of 62.4%, between October 2011 and December 2024, 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 62.4% inflationary increase is applied to the most recent sale price for SPEARCEY HOUSE of £265,000 on 7th October 2011. For the value to have increased from £265,000 to £430,443 over the twelve years and ten months to December 2024, the following assumptions must hold true:

• The value of SPEARCEY HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The October 2011 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of SPEARCEY HOUSE has not materially changed since October 2011.

How Large is SPEARCEY HOUSE?

SPEARCEY HOUSE is 149m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the largest 50% of detached houses houses in Trull, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trull, and where SPEARCEY HOUSE lies on this distribution: 54% of detached houses houses are smaller than SPEARCEY HOUSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Trull.

SPEARCEY HOUSE: Plot and Title Map

SPEARCEY HOUSE sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of SPEARCEY HOUSE, 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 SPEARCEY HOUSE). 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 SPEARCEY HOUSE?

SPEARCEY HOUSE is located on SPEARCEY LANE in TRULL, in the TA3 postcode district. The below map shows the position of SPEARCEY HOUSE on SPEARCEY LANE.