THE RIDINGS, CHURCH WALK, MARSTON MAGNA, YEOVIL, BA22 8DQ - £825,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE RIDINGS is a very large extended detached house of 250m², built sometime between 1967 and 1975. It was last sold for £825,000 in September 2022, which was around 82% above the average September 2022 detached price in the Somerset local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

THE RIDINGS Sold Prices

Land registry data shows two sales for THE RIDINGS 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. Both of the two THE RIDINGS 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
2022 13 SEP	£825,000	£454,323	82% above HPI
2017 13 NOV	£470,000	£349,583	34% above HPI

THE RIDINGS 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 RIDINGS sales from November 2017 and September 2022 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 2017 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2022 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is THE RIDINGS?

THE RIDINGS is 250m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses in Marston Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Marston Magna, and where THE RIDINGS lies on this distribution: 80% of detached houses are smaller than THE RIDINGS, and 20% of houses are larger. Note that EPC data is not available for all properties in Marston Magna.

THE RIDINGS: Plot and Title Map

THE RIDINGS sits on a plot of roughly 0.441 of an acre, or 1,783m². The below map shows the location of THE RIDINGS, 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 RIDINGS). 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 RIDINGS?

THE RIDINGS is located on CHURCH WALK in MARSTON MAGNA, in the BA22 postcode district. The below map shows the position of THE RIDINGS on CHURCH WALK.