THE NEST, FURGE LANE, HENSTRIDGE, TEMPLECOMBE, BA8 0RS - £200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE NEST is a very small detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £321,080. It was last sold for £200,000 in September 2013, which was around 30% below the average September 2013 detached price in the Somerset local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was E.

THE NEST Sold Prices

Land registry data shows five sales for THE NEST since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the five THE NEST 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
2013 2 SEP	£200,000	£286,800	30% below HPI
2012 2 APR	£160,000	£274,096	42% below HPI
2007 11 JUN	£183,000	£297,571	39% below HPI
2004 11 AUG	£167,500	£259,647	35% below HPI
2002 10 SEP	£115,000	£201,215	43% below HPI

THE NEST 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 five THE NEST sales between September 2002 and September 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 April 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2013 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might THE NEST be worth now?

THE NEST might now be worth an estimated £321,080.

This is based on house price inflation of 60.5%, between September 2013 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 60.5% inflationary increase is applied to the most recent sale price for THE NEST of £200,000 on 2nd September 2013. For the value to have increased from £200,000 to £321,080 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of THE NEST has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2013 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of THE NEST has not materially changed since September 2013.

How Large is THE NEST?

THE NEST is 62m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses houses in Henstridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Henstridge, and where THE NEST lies on this distribution: 2% of detached houses houses are smaller than THE NEST, and 98% of houses are larger. Note that EPC data is not available for all properties in Henstridge.

THE NEST: Plot and Title Map

THE NEST sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of THE NEST, 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 NEST). 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 NEST?

THE NEST is located on FURGE LANE in HENSTRIDGE, in the BA8 postcode district. The below map shows the position of THE NEST on FURGE LANE.