THE OLD SCHOOL, FIVEHEAD, TAUNTON, TA3 6PQ - £515,000

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 SCHOOL is a very large extended detached house of 200m², built sometime between 2003 and 2006. It was last sold for £515,000 in September 2018, which was around 43% above the average September 2018 detached price in the Somerset local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

THE OLD SCHOOL Sold Prices

Land registry data shows two sales for THE OLD SCHOOL 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 OLD SCHOOL 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
2018 28 SEP	£515,000	£360,854	43% above HPI
2006 22 JUN	£380,000	£263,021	44% above HPI

THE OLD SCHOOL 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 OLD SCHOOL sales from June 2006 and September 2018 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 June 2006 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the September 2018 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is THE OLD SCHOOL?

THE OLD SCHOOL is 200m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of detached houses in Fivehead, based on EPC data. The below chart shows the distribution of detached houses by size in Fivehead, and where THE OLD SCHOOL lies on this distribution: 89% of detached houses are smaller than THE OLD SCHOOL, and 11% of houses are larger. Note that EPC data is not available for all properties in Fivehead.

THE OLD SCHOOL: Plot and Title Map

THE OLD SCHOOL sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of THE OLD SCHOOL, 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 SCHOOL). 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 SCHOOL?

THE OLD SCHOOL is located in FIVEHEAD, in the TA3 postcode district. The below map shows the position of THE OLD SCHOOL in FIVEHEAD.