1, NURSERY RISE, CHILCOMPTON, RADSTOCK, BA3 4RQ - £425,000

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.

1 NURSERY RISE is a very large detached house of 204m², built sometime between 1996 and 2002, which could now be worth an estimated £652,282. It was last sold for £425,000 in July 2014, which was around 42% above the average July 2014 detached price in the Somerset local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

1 NURSERY RISE Sold Prices

Land registry data shows two sales for 1 NURSERY RISE 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 NURSERY RISE 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
2014 4 JUL	£425,000	£298,627	42% above HPI
1997 5 MAR	£173,000	£92,805	86% above HPI

1 NURSERY RISE 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 NURSERY RISE sales from March 1997 and July 2014 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 March 1997 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the July 2014 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 1 NURSERY RISE be worth now?

1 NURSERY RISE might now be worth an estimated £652,282.

This is based on house price inflation of 53.5%, between July 2014 and May 2026, 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 53.5% inflationary increase is applied to the most recent sale price for 1 NURSERY RISE of £425,000 on 4th July 2014. For the value to have increased from £425,000 to £652,282 over the twelve years and two months to May 2026, the following assumptions must hold true:

• The value of 1 NURSERY RISE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The July 2014 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NURSERY RISE has not materially changed since July 2014.

How Large is 1 NURSERY RISE?

1 NURSERY RISE is 204m² according to the EPC inspection conducted in July 2013. This puts it in the largest 20% of detached houses houses in Chilcompton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilcompton, and where 1 NURSERY RISE lies on this distribution: 88% of detached houses houses are smaller than 1 NURSERY RISE, and 12% of houses are larger. Note that EPC data is not available for all properties in Chilcompton.

1 NURSERY RISE: Plot and Title Map

1 NURSERY RISE sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of 1 NURSERY RISE, 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 NURSERY RISE). 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 NURSERY RISE?

1 NURSERY RISE is located in CHILCOMPTON, in the BA3 postcode district. The below map shows the position of No. 1 on NURSERY RISE.