THE LAURELS, HIGH STREET, BUTLEIGH, GLASTONBURY, BA6 8SZ - £425,000

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 LAURELS is a large extended detached house of 192m², built sometime before 1900, which could now be worth an estimated £602,830. It was last sold for £425,000 in February 2016, which was around 31% above the average February 2016 detached price in the Somerset local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was E.

THE LAURELS Sold Prices

Land registry data shows three sales for THE LAURELS 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 LAURELS 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
2016 26 FEB	£425,000	£324,606	31% above HPI
2009 27 NOV	£455,000	£274,534	66% above HPI
2007 30 JUL	£415,000	£302,085	37% above HPI

THE LAURELS 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 LAURELS sales between July 2007 and February 2016 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 2009 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the February 2016 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £602,830.

This is based on house price inflation of 41.8%, between February 2016 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 41.8% inflationary increase is applied to the most recent sale price for THE LAURELS of £425,000 on 26th February 2016. For the value to have increased from £425,000 to £602,830 over the nine years to February 2025, the following assumptions must hold true:

• The value of THE LAURELS has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2016 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since February 2016.

How Large is THE LAURELS?

THE LAURELS is 192m², which includes two extensions, according to the EPC inspection conducted in November 2008. This puts it in the largest 30% of detached houses houses in Butleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Butleigh, and where THE LAURELS lies on this distribution: 78% of detached houses houses are smaller than THE LAURELS, and 22% of houses are larger. Note that EPC data is not available for all properties in Butleigh.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on HIGH STREET in BUTLEIGH, in the BA6 postcode district. The below map shows the position of THE LAURELS on HIGH STREET.