THE RETREAT, THE CAUSEWAY, MARK, HIGHBRIDGE, TA9 4PX - £392,000

THE RETREAT is a very small extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £392,000 in September 2017, which was around 14% above the average September 2017 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 three sales for THE RETREAT 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 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
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 three THE RETREAT sales between January 2003 and September 2017 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 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2017 sale, where it rises to 14% above the HPI. The line then continues to track at 14% 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.