THE REDHOUSE, CARHAMPTON, MINEHEAD, TA24 6LX - £462,500

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 REDHOUSE is a very large extended detached house of 161m², built sometime before 1900. It was last sold for £462,500 in February 2021, which was around 19% above the average February 2021 detached price in the Somerset local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was E.

THE REDHOUSE Sold Prices

Land registry data shows two sales for THE REDHOUSE 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. One of the two THE REDHOUSE sales was for above the average price, whilst the other was for below 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 26 FEB	£462,500	£387,601	19% above HPI
2015 28 AUG	£285,000	£306,701	7% below HPI

THE REDHOUSE 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 REDHOUSE sales from August 2015 and February 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 August 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is THE REDHOUSE?

THE REDHOUSE is 161m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the largest 10% of detached houses in Carhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Carhampton, and where THE REDHOUSE lies on this distribution: 90% of detached houses are smaller than THE REDHOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Carhampton.

THE REDHOUSE: Plot and Title Map

THE REDHOUSE sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of THE REDHOUSE, 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 REDHOUSE). 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 REDHOUSE?

THE REDHOUSE is located in CARHAMPTON, in the TA24 postcode district. The below map shows the position of THE REDHOUSE in CARHAMPTON.