TRUE ECHOES, BROADWAY, CHILCOMPTON, RADSTOCK, BA3 4JW - £330,000

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

TRUE ECHOES is a very small detached house of 94m², built sometime from 2007 onwards. It was last sold for £330,000 in January 2015, which was around 13% above the average January 2015 detached price in the Somerset local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

TRUE ECHOES Sold Prices

Land registry data shows two sales for TRUE ECHOES 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 TRUE ECHOES 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
2015 23 JAN	£330,000	£293,204	13% above HPI
2007 20 DEC	£310,000	£297,081	4% above HPI

TRUE ECHOES 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 TRUE ECHOES sales from December 2007 and January 2015 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 December 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2015 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is TRUE ECHOES?

TRUE ECHOES is 94m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Chilcompton, based on EPC data. The below chart shows the distribution of detached houses by size in Chilcompton, and where TRUE ECHOES lies on this distribution: 17% of detached houses are smaller than TRUE ECHOES, and 83% of houses are larger. Note that EPC data is not available for all properties in Chilcompton.

TRUE ECHOES: Plot and Title Map

TRUE ECHOES sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of TRUE ECHOES, 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 TRUE ECHOES). 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 TRUE ECHOES?

TRUE ECHOES is located on BROADWAY in CHILCOMPTON, in the BA3 postcode district. The below map shows the position of TRUE ECHOES on BROADWAY.