UNDERLEY, DOVERHAY, PORLOCK, MINEHEAD, TA24 8LL - £705,000

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

UNDERLEY is a large extended detached house of 165m², built sometime between 1930 and 1949. It was last sold for £705,000 in December 2022, which was around 55% above the average December 2022 detached price in the Somerset local authority area. The most recent EPC inspection was September 2022, where the current energy rating was F, and the potential energy rating was C.

UNDERLEY Sold Prices

Land registry data shows four sales for UNDERLEY since 1^st 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. All of the four UNDERLEY 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 9 DEC	£705,000	£455,987	55% above HPI
2018 14 SEP	£475,000	£360,854	32% above HPI
2012 3 AUG	£400,000	£271,349	47% above HPI
2007 14 NOV	£487,892	£298,845	63% above HPI

UNDERLEY 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 four UNDERLEY sales between November 2007 and December 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 September 2018 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the December 2022 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is UNDERLEY?

UNDERLEY is 165m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses in Porlock, based on EPC data. The below chart shows the distribution of detached houses by size in Porlock, and where UNDERLEY lies on this distribution: 72% of detached houses are smaller than UNDERLEY, and 28% of houses are larger. Note that EPC data is not available for all properties in Porlock.

UNDERLEY: Plot and Title Map

UNDERLEY sits on a plot of roughly 0.215 of an acre, or 871m². The below map shows the location of UNDERLEY, 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 UNDERLEY). 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 UNDERLEY?

UNDERLEY is located on DOVERHAY in PORLOCK, in the TA24 postcode district. The below map shows the position of UNDERLEY on DOVERHAY.