THE BUNGALOW, THICKET MEAD, MIDSOMER NORTON, RADSTOCK, BA3 2SX - £420,000

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

THE BUNGALOW is a very large extended detached house of 220m², built sometime between 1900 and 1929. It was last sold for £420,000 in October 2013, which was about the average October 2013 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows three sales for THE BUNGALOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. The three THE BUNGALOW sales were a mix of roughly equal to the average price, and 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
2013 16 OCT	£420,000	£418,497	Close to HPI
2007 1 JUN	£230,000	£377,029	39% below HPI
1997 30 JUN	£33,000	£122,242	73% below HPI

THE BUNGALOW 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 three THE BUNGALOW sales between June 1997 and October 2013 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 June 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2013 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 220m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 10% of detached houses in Midsomer Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Midsomer Norton, and where THE BUNGALOW lies on this distribution: 98% of detached houses are smaller than THE BUNGALOW, and 2% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.198 of an acre, or 801m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on THICKET MEAD in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of THE BUNGALOW on THICKET MEAD.