WALNUT HOUSE, FORE STREET, OTHERY, BRIDGWATER, TA7 0QS - £390,000

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

WALNUT HOUSE is a large extended detached house of 183m², built sometime before 1900. It was last sold for £390,000 in January 2023, which was around 14% below the average January 2023 detached price in the Somerset local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was B.

WALNUT HOUSE Sold Prices

Land registry data shows four sales for WALNUT HOUSE 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 WALNUT HOUSE sales were for below 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 16 JAN	£390,000	£453,447	14% below HPI
2016 4 NOV	£275,000	£328,423	16% below HPI
2014 30 MAY	£270,000	£285,404	5% below HPI
2007 10 AUG	£265,000	£296,594	11% below HPI

WALNUT HOUSE 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 WALNUT HOUSE sales between August 2007 and January 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is WALNUT HOUSE?

WALNUT HOUSE is 183m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 30% of detached houses in Othery, based on EPC data. The below chart shows the distribution of detached houses by size in Othery, and where WALNUT HOUSE lies on this distribution: 72% of detached houses are smaller than WALNUT HOUSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Othery.

WALNUT HOUSE: Plot and Title Map

WALNUT HOUSE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of WALNUT HOUSE, 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 WALNUT HOUSE). 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 WALNUT HOUSE?

WALNUT HOUSE is located on FORE STREET in OTHERY, in the TA7 postcode district. The below map shows the position of WALNUT HOUSE on FORE STREET.