THE OLD FARM, RIMPTON ROAD, MARSTON MAGNA, YEOVIL, BA22 8DH - £595,000

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 OLD FARM is a very large extended detached house of 296m², built sometime before 1900. It was last sold for £595,000 in December 2021, which was around 45% above the average December 2021 detached price in the Somerset local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

THE OLD FARM Sold Prices

Land registry data shows three sales for THE OLD FARM 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 OLD FARM 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
2021 10 DEC	£595,000	£409,524	45% above HPI
2006 14 NOV	£440,000	£277,741	58% above HPI
2002 23 AUG	£250,000	£190,038	32% above HPI

THE OLD FARM 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 OLD FARM sales between August 2002 and December 2021 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 2006 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the December 2021 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is THE OLD FARM?

THE OLD FARM is 296m², which includes four extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 10% of detached houses in Marston Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Marston Magna, and where THE OLD FARM lies on this distribution: 98% of detached houses are smaller than THE OLD FARM, and 2% of houses are larger. Note that EPC data is not available for all properties in Marston Magna.

THE OLD FARM: Plot and Title Map

THE OLD FARM sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of THE OLD FARM, 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 OLD FARM). 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 OLD FARM?

THE OLD FARM is located on RIMPTON ROAD in MARSTON MAGNA, in the BA22 postcode district. The below map shows the position of THE OLD FARM on RIMPTON ROAD.