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 PINES is a very large detached house of 159m², built sometime between 1983 and 1990. It was last sold for £325,000 in June 2007, which was around 13% above the average June 2007 detached price in the Somerset local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for THE PINES 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 PINES 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 |
---|---|---|---|
2007 1 JUN | £325,000 | £288,485 | 13% above HPI |
1996 8 NOV | £99,000 | £87,075 | 14% 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 PINES sales from November 1996 and June 2007 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 1996 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2007 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.
THE PINES is 159m² according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses in Martock, based on EPC data. The below chart shows the distribution of detached houses by size in Martock, and where THE PINES lies on this distribution: 88% of detached houses are smaller than THE PINES, and 12% of houses are larger. Note that EPC data is not available for all properties in Martock.
THE PINES sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of THE PINES, 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 PINES). 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 PINES is located on HIGHER ORCHARD in BOWER HINTON, in the TA12 postcode district. The below map shows the position of THE PINES on HIGHER ORCHARD.