UNDERWOOD, BLAGDON HILL, TAUNTON, TA3 7SL - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

UNDERWOOD is a very small detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £296,815. It was last sold for £300,000 in February 2023, which was around 36% below the average February 2023 detached price in the Somerset local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

UNDERWOOD Sold Prices

Land registry data shows two sales for UNDERWOOD 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. One of the two UNDERWOOD sales was for below the average price, whilst the other was 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
2023 28 FEB	£300,000	£465,370	36% below HPI
2016 25 NOV	£350,500	£338,767	3% above HPI

UNDERWOOD 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 UNDERWOOD sales from November 2016 and February 2023 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 November 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might UNDERWOOD be worth now?

UNDERWOOD might now be worth an estimated £296,815.

This is based on house price deflation of 1.1%, between February 2023 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% deflationary decrease is applied to the most recent sale price for UNDERWOOD of £300,000 on 28th February 2023. For the value to have decreased from £300,000 to £296,815 over the two years to February 2025, the following assumptions must hold true:

• The value of UNDERWOOD has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2023 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of UNDERWOOD has not materially changed since February 2023.

How Large is UNDERWOOD?

UNDERWOOD is 118m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses houses in Blagdon Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blagdon Hill, and where UNDERWOOD lies on this distribution: 13% of detached houses houses are smaller than UNDERWOOD, and 87% of houses are larger. Note that EPC data is not available for all properties in Blagdon Hill.

UNDERWOOD: Plot and Title Map

UNDERWOOD sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of UNDERWOOD, 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 UNDERWOOD). 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 UNDERWOOD?

UNDERWOOD is located in BLAGDON HILL, in the TA3 postcode district. The below map shows the position of UNDERWOOD in BLAGDON HILL.