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 SPINNEY is a very small extended detached house of 69m², built sometime between 1930 and 1949. It was last sold for £363,000 in May 2012, which was around 36% above the average May 2012 detached price in the Somerset local authority area. The most recent EPC inspection was October 2011, where the current energy rating was F, and the potential energy rating was E.
Land registry data shows two sales for THE SPINNEY since 1st 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 SPINNEY 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 |
---|---|---|---|
2012 11 MAY | £363,000 | £266,636 | 36% above HPI |
2002 28 MAR | £262,500 | £164,620 | 59% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two THE SPINNEY sales from March 2002 and May 2012 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 March 2002 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the May 2012 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.
THE SPINNEY is 69m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of detached houses in Fivehead, based on EPC data. The below chart shows the distribution of detached houses by size in Fivehead, and where THE SPINNEY lies on this distribution: 2% of detached houses are smaller than THE SPINNEY, and 98% of houses are larger. Note that EPC data is not available for all properties in Fivehead.
THE SPINNEY sits on a plot of roughly 2.0 acres, or 7,973m². The below map shows the location of THE SPINNEY, 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 SPINNEY). 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.
THE SPINNEY is located in FIVEHEAD, in the TA3 postcode district. The below map shows the position of THE SPINNEY in FIVEHEAD.