THE FIRS, GARSTON LANE, MARSTON MAGNA, YEOVIL, BA22 8DN - £861,110

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.

THE FIRS is a very large extended detached house of 276m², built sometime before 1900, which could now be worth an estimated £1,066,291. It was last sold for £861,110 in May 2020, which was around 132% above the average May 2020 detached price in the Somerset local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

THE FIRS Sold Prices

Land registry data shows two sales for THE FIRS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two THE FIRS 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
2020 12 MAY	£861,110	£371,831	132% above HPI
1997 4 FEB	£130,000	£91,161	43% above HPI

THE FIRS 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 two THE FIRS sales from February 1997 and May 2020 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 1997 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the May 2020 sale, where it rises to 132% above the HPI. The line then continues to track at 132% above the HPI.

What might THE FIRS be worth now?

THE FIRS might now be worth an estimated £1,066,291.

This is based on house price inflation of 23.8%, between May 2020 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 23.8% inflationary increase is applied to the most recent sale price for THE FIRS of £861,110 on 12th May 2020. For the value to have increased from £861,110 to £1,066,291 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of THE FIRS has moved in line with the HPI for detached houses in the Somerset local authority area.
• The May 2020 sale price of £861,110 represented a fair market value for the property.
• The size, condition, and specification of THE FIRS has not materially changed since May 2020.

How Large is THE FIRS?

THE FIRS is 276m², which includes four extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses houses in Marston Magna, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marston Magna, and where THE FIRS lies on this distribution: 88% of detached houses houses are smaller than THE FIRS, and 12% of houses are larger. Note that EPC data is not available for all properties in Marston Magna.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 1.3 acres, or 5,410m². The below map shows the location of THE FIRS, 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 FIRS). 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 FIRS?

THE FIRS is located on GARSTON LANE in MARSTON MAGNA, in the BA22 postcode district. The below map shows the position of THE FIRS on GARSTON LANE.