1, COWAN CLOSE, BURNHAM-ON-SEA, TA8 2TG - £167,000

1 COWAN CLOSE is a very small semi-detached house of 71m², built sometime between 1983 and 1990. It was last sold for £167,000 in November 2012, which was around 39% below the average November 2012 detached price in the Somerset local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

1 COWAN CLOSE Sold Prices

Land registry data shows two sales for 1 COWAN CLOSE 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 1 COWAN CLOSE 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
2012 16 NOV	£167,000	£274,215	39% below HPI
1998 23 OCT	£69,000	£105,546	35% below HPI

1 COWAN CLOSE 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 1 COWAN CLOSE sales from October 1998 and November 2012 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 October 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2012 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 COWAN CLOSE?

1 COWAN CLOSE is 71m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 20% of detached houses in Burnham-on-Sea, based on EPC data. The below chart shows the distribution of detached houses by size in Burnham-on-Sea, and where 1 COWAN CLOSE lies on this distribution: 12% of detached houses are smaller than 1 COWAN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Burnham-on-Sea.

1 COWAN CLOSE: Plot and Title Map

1 COWAN CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 1 COWAN CLOSE, 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 1 COWAN CLOSE). 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 1 COWAN CLOSE?

1 COWAN CLOSE is located in BURNHAM-ON-SEA, in the TA8 postcode district. The below map shows the position of No. 1 on COWAN CLOSE.