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

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 NEST is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £200,000 in September 2013, which was around 28% 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	£278,043	28% below HPI
2012 2 APR	£160,000	£265,727	40% below HPI
2007 11 JUN	£183,000	£288,485	37% below HPI
2004 11 AUG	£167,500	£251,719	33% below HPI
2002 10 SEP	£115,000	£195,071	41% 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 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2013 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

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 in Henstridge, based on EPC data. The below chart shows the distribution of detached houses by size in Henstridge, and where THE NEST lies on this distribution: 2% of detached 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.