1, THE SQUARE, WOOLAVINGTON, BRIDGWATER, TA7 8DL - £427,500

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 THE SQUARE is a very large extended detached house of 216m², built sometime before 1900, which could now be worth an estimated £567,620. It was last sold for £427,500 in February 2017, which was around 26% above the average February 2017 detached price in the Somerset local authority area. The most recent EPC inspection was June 2009, where the current energy rating was F, and the potential energy rating was E.

1 THE SQUARE Sold Prices

Land registry data shows three sales for 1 THE SQUARE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 1 THE SQUARE 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
2017 8 FEB	£427,500	£340,269	26% above HPI
2009 28 SEP	£400,000	£271,114	48% above HPI
2007 12 JUN	£300,000	£297,571	1% above HPI

1 THE SQUARE 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 three 1 THE SQUARE sales between June 2007 and February 2017 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 2009 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the February 2017 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 1 THE SQUARE be worth now?

1 THE SQUARE might now be worth an estimated £567,620.

This is based on house price inflation of 32.8%, between February 2017 and April 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 32.8% inflationary increase is applied to the most recent sale price for 1 THE SQUARE of £427,500 on 8th February 2017. For the value to have increased from £427,500 to £567,620 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 1 THE SQUARE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2017 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of 1 THE SQUARE has not materially changed since February 2017.

How Large is 1 THE SQUARE?

1 THE SQUARE is 216m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 10% of detached houses houses in Woolavington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolavington, and where 1 THE SQUARE lies on this distribution: 96% of detached houses houses are smaller than 1 THE SQUARE, and 4% of houses are larger. Note that EPC data is not available for all properties in Woolavington.

1 THE SQUARE: Plot and Title Map

1 THE SQUARE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 1 THE SQUARE, 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 THE SQUARE). 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 THE SQUARE?

1 THE SQUARE is located in WOOLAVINGTON, in the TA7 postcode district. The below map shows the position of No. 1 on THE SQUARE.