STEEPLE BRAE, CARHAMPTON, MINEHEAD, TA24 6LU - £335,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

STEEPLE BRAE is a midsized extended detached house of 101m², built sometime between 1930 and 1949. It was last sold for £335,000 in November 2023, which was around 24% below the average November 2023 detached price in the Somerset local authority area. The most recent EPC inspection was August 2022, where the current energy rating was F, and the potential energy rating was D.

STEEPLE BRAE Sold Prices

Land registry data shows four sales for STEEPLE BRAE 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 STEEPLE BRAE 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
2023 1 NOV	£335,000	£441,682	24% below HPI
2020 19 NOV	£218,000	£383,665	43% below HPI
2007 2 AUG	£46,049	£296,594	84% below HPI
1998 4 SEP	£60,000	£106,118	43% below HPI

STEEPLE BRAE 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 STEEPLE BRAE sales between September 1998 and November 2023 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 2020 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is STEEPLE BRAE?

STEEPLE BRAE is 101m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses in Carhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Carhampton, and where STEEPLE BRAE lies on this distribution: 46% of detached houses are smaller than STEEPLE BRAE, and 54% of houses are larger. Note that EPC data is not available for all properties in Carhampton.

STEEPLE BRAE: Plot and Title Map

STEEPLE BRAE sits on a plot of roughly 0.146 of an acre, or 593m². The below map shows the location of STEEPLE BRAE, 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 STEEPLE BRAE). 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 STEEPLE BRAE?

STEEPLE BRAE is located in CARHAMPTON, in the TA24 postcode district. The below map shows the position of STEEPLE BRAE in CARHAMPTON.