THE CHESTNUTS, HOLYWELL ROAD, EDINGTON, BRIDGWATER, TA7 9LB - £590,000

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 CHESTNUTS is a large extended detached house of 183m², built sometime between 1983 and 1990. It was last sold for £590,000 in August 2023, which was around 33% above the average August 2023 detached price in the Somerset local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

THE CHESTNUTS Sold Prices

Land registry data shows three sales for THE CHESTNUTS 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. All of the three THE CHESTNUTS sales 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
2023 30 AUG	£590,000	£443,670	33% above HPI
2002 29 JAN	£173,000	£161,282	7% above HPI
1996 26 APR	£107,000	£83,645	28% above HPI

THE CHESTNUTS 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 THE CHESTNUTS sales between April 1996 and August 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 January 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2023 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 183m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 40% of detached houses in Edington, based on EPC data. The below chart shows the distribution of detached houses by size in Edington, and where THE CHESTNUTS lies on this distribution: 68% of detached houses are smaller than THE CHESTNUTS, and 32% of houses are larger. Note that EPC data is not available for all properties in Edington.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 0.222 of an acre, or 900m². The below map shows the location of THE CHESTNUTS, 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 CHESTNUTS). 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 CHESTNUTS?

THE CHESTNUTS is located on HOLYWELL ROAD in EDINGTON, in the TA7 postcode district. The below map shows the position of THE CHESTNUTS on HOLYWELL ROAD.