THORNLEA, HIGHBURY STREET, COLEFORD, RADSTOCK, BA3 5NS - £350,000

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

THORNLEA is a small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £350,000 in September 2021, which was around 12% below the average September 2021 detached price in the Somerset local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

THORNLEA Sold Prices

Land registry data shows two sales for THORNLEA 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 THORNLEA 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
2021 23 SEP	£350,000	£395,529	12% below HPI
2009 30 OCT	£170,000	£265,799	36% below HPI

THORNLEA 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 THORNLEA sales from October 2009 and September 2021 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 October 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is THORNLEA?

THORNLEA is 83m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Coleford, based on EPC data. The below chart shows the distribution of detached houses by size in Coleford, and where THORNLEA lies on this distribution: 22% of detached houses are smaller than THORNLEA, and 78% of houses are larger. Note that EPC data is not available for all properties in Coleford.

THORNLEA: Plot and Title Map

THORNLEA sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of THORNLEA, 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 THORNLEA). 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 THORNLEA?

THORNLEA is located on HIGHBURY STREET in COLEFORD, in the BA3 postcode district. The below map shows the position of THORNLEA on HIGHBURY STREET.