THE NEW HOUSE, AINSTEY DRIVE, SPARKFORD, YEOVIL, BA22 7JT - £432,500

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 NEW HOUSE is a very large extended detached house of 183m², built sometime between 1991 and 1995, which could now be worth an estimated £694,336. It was last sold for £432,500 in September 2013, which was around 51% 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.

THE NEW HOUSE Sold Prices

Land registry data shows two sales for THE NEW HOUSE since 1^st 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	£286,800	51% above HPI
1998 17 NOV	£169,000	£108,563	56% above HPI

THE NEW HOUSE 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 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 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the September 2013 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might THE NEW HOUSE be worth now?

THE NEW HOUSE might now be worth an estimated £694,336.

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 NEW HOUSE of £432,500 on 11th September 2013. For the value to have increased from £432,500 to £694,336 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of THE NEW HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2013 sale price of £432,500 represented a fair market value for the property.
• The size, condition, and specification of THE NEW HOUSE has not materially changed since September 2013.

How Large is THE NEW HOUSE?

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 houses in Sparkford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sparkford, and where THE NEW HOUSE lies on this distribution: 81% of detached houses houses are smaller than THE NEW HOUSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Sparkford.

THE NEW HOUSE: Plot and Title Map

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.

Where is THE NEW HOUSE?

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.