THE FOLLY, HIGHER COOMBSES, CHARD, TA20 2SY - £336,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE FOLLY is a large extended detached house of 131m², built sometime between 1950 and 1966. It was last sold for £336,000 in February 2020, which was around 7% below the average February 2020 detached price in the Somerset local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

THE FOLLY Sold Prices

Land registry data shows three sales for THE FOLLY 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 FOLLY 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
2020 4 FEB	£336,000	£362,834	7% below HPI
2009 18 DEC	£225,000	£265,584	15% below HPI
1996 1 MAR	£67,000	£82,277	19% below HPI

THE FOLLY 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 FOLLY sales between March 1996 and February 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 December 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is THE FOLLY?

THE FOLLY is 131m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses in Tatworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tatworth, and where THE FOLLY lies on this distribution: 67% of detached houses are smaller than THE FOLLY, and 33% of houses are larger. Note that EPC data is not available for all properties in Tatworth.

THE FOLLY: Plot and Title Map

THE FOLLY sits on a plot of roughly 0.144 of an acre, or 585m². The below map shows the location of THE FOLLY, 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 FOLLY). 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 FOLLY?

THE FOLLY is located on HIGHER COOMBSES in CHARD, in the TA20 postcode district. The below map shows the position of THE FOLLY on HIGHER COOMBSES.