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 NEW HOUSE is a very large extended detached house of 183m², built sometime between 1991 and 1995. It was last sold for £432,500 in September 2013, which was around 56% above the average September 2013 detached price in the Somerset local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for THE NEW HOUSE since 1st 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 NEW HOUSE 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 |
---|---|---|---|
2013 11 SEP | £432,500 | £278,043 | 56% above HPI |
1998 17 NOV | £169,000 | £105,249 | 61% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two THE NEW HOUSE sales from November 1998 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 November 1998 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the September 2013 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.
THE NEW HOUSE is 183m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 20% of detached houses in Sparkford, based on EPC data. The below chart shows the distribution of detached houses by size in Sparkford, and where THE NEW HOUSE lies on this distribution: 80% of detached houses are smaller than THE NEW HOUSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Sparkford.
THE NEW HOUSE sits on a plot of roughly 0.201 of an acre, or 814m². The below map shows the location of THE NEW HOUSE, 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 NEW HOUSE). 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.
THE NEW HOUSE is located on AINSTEY DRIVE in SPARKFORD, in the BA22 postcode district. The below map shows the position of THE NEW HOUSE on AINSTEY DRIVE.