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
TREETOPS is a midsized extended property of 139m², built sometime between 1950 and 1966. It was last sold for £45,000 in April 2022, which was around 90% below the average April 2022 detached price in the Somerset local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for TREETOPS since 1st 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 TREETOPS 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 1 APR | £45,000 | £429,266 | 90% below HPI |
2017 14 JUL | £565,000 | £338,873 | 67% above HPI |
2007 22 OCT | £330,000 | £298,084 | 11% above HPI |
1998 13 JUL | £125,000 | £103,590 | 21% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The four TREETOPS sales between July 1998 and April 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 July 2017 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the April 2022 sale, where it falls to 90% below the HPI. The line then continues to track at 90% below the HPI.
TREETOPS is 139m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses in Bicknoller, based on EPC data. The below chart shows the distribution of detached houses by size in Bicknoller, and where TREETOPS lies on this distribution: 41% of detached houses are smaller than TREETOPS, and 59% of houses are larger. Note that EPC data is not available for all properties in Bicknoller.
TREETOPS sits on a plot of roughly 0.439 of an acre, or 1,778m². The below map shows the location of TREETOPS, 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 TREETOPS). 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.
TREETOPS is located in BICKNOLLER, in the TA4 postcode district. The below map shows the position of TREETOPS in BICKNOLLER.