TRENANCE, THE RIDGE, PORLOCK, MINEHEAD, TA24 8HA - £445,000

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

TRENANCE is a small extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £445,000 in March 2017, which was around 34% above the average March 2017 detached price in the Somerset local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

TRENANCE Sold Prices

Land registry data shows three sales for TRENANCE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three TRENANCE 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
2017 28 MAR	£445,000	£332,739	34% above HPI
2007 6 MAR	£340,000	£282,282	20% above HPI
1997 6 AUG	£102,500	£95,508	7% above HPI

TRENANCE 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 three TRENANCE sales between August 1997 and March 2017 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 2007 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the March 2017 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is TRENANCE?

TRENANCE is 119m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Porlock, based on EPC data. The below chart shows the distribution of detached houses by size in Porlock, and where TRENANCE lies on this distribution: 39% of detached houses are smaller than TRENANCE, and 60% of houses are larger. Note that EPC data is not available for all properties in Porlock.

TRENANCE: Plot and Title Map

TRENANCE sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of TRENANCE, 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 TRENANCE). 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 TRENANCE?

TRENANCE is located on THE RIDGE in PORLOCK, in the TA24 postcode district. The below map shows the position of TRENANCE on THE RIDGE.