THE RETREAT, THE CAUSEWAY, MARK, HIGHBRIDGE, TA9 4PX - £520,000

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 RETREAT is a very small extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £520,000 in February 2024, which was around 19% above the average February 2024 detached price in the Somerset local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was A.

THE RETREAT Sold Prices

Land registry data shows four sales for THE RETREAT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four THE RETREAT 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
2024 8 FEB	£520,000	£436,283	19% above HPI
2017 29 SEP	£392,000	£344,853	14% above HPI
2006 2 AUG	£295,000	£272,610	8% above HPI
2003 9 JAN	£216,000	£207,468	4% above HPI

THE RETREAT 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 four THE RETREAT sales between January 2003 and February 2024 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 September 2017 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2024 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is THE RETREAT?

THE RETREAT is 110m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in Mark Causeway, based on EPC data. The below chart shows the distribution of detached houses by size in Mark Causeway, and where THE RETREAT lies on this distribution: 16% of detached houses are smaller than THE RETREAT, and 84% of houses are larger. Note that EPC data is not available for all properties in Mark Causeway.

THE RETREAT: Plot and Title Map

THE RETREAT sits on a plot of roughly 0.245 of an acre, or 992m². The below map shows the location of THE RETREAT, 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 RETREAT). 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 RETREAT?

THE RETREAT is located on THE CAUSEWAY in MARK, in the TA9 postcode district. The below map shows the position of THE RETREAT on THE CAUSEWAY.