THE RETREAT, THE STREET, CHILCOMPTON, RADSTOCK, BA3 4HN - £247,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE RETREAT is a small detached house of 104m², built sometime before 1900, which could now be worth an estimated £409,777. It was last sold for £247,500 in March 2011, which was around 11% below the average March 2011 detached price in the Somerset local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

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. Most of the four THE RETREAT sales were 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
2011 25 MAR	£247,500	£278,093	11% below HPI
2007 10 MAY	£269,950	£297,088	9% below HPI
2006 27 JUN	£285,000	£271,305	5% above HPI
1997 23 APR	£81,500	£93,719	13% below 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 April 1997 and March 2011 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 May 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2011 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might THE RETREAT be worth now?

THE RETREAT might now be worth an estimated £409,777.

This is based on house price inflation of 65.6%, between March 2011 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.6% inflationary increase is applied to the most recent sale price for THE RETREAT of £247,500 on 25th March 2011. For the value to have increased from £247,500 to £409,777 over the fourteen years and one month to February 2025, the following assumptions must hold true:

• The value of THE RETREAT has moved in line with the HPI for detached houses in the Somerset local authority area.
• The March 2011 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of THE RETREAT has not materially changed since March 2011.

How Large is THE RETREAT?

THE RETREAT is 104m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of detached houses houses in Chilcompton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilcompton, and where THE RETREAT lies on this distribution: 23% of detached houses houses are smaller than THE RETREAT, and 77% of houses are larger. Note that EPC data is not available for all properties in Chilcompton.

THE RETREAT: Plot and Title Map

THE RETREAT sits on a plot of roughly 0.046 of an acre, or 185m². 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 STREET in CHILCOMPTON, in the BA3 postcode district. The below map shows the position of THE RETREAT on THE STREET.