1, TREE TOPS, CARHAMPTON, MINEHEAD, TA24 6LP - £165,000

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 TREE TOPS is a very small extended detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £210,504. It was last sold for £165,000 in December 2017, which was around 54% below the average December 2017 detached price in the Somerset local authority area. The most recent EPC inspection was June 2017, where the current energy rating was F, and the potential energy rating was D.

1 TREE TOPS Sold Prices

Land registry data shows two sales for 1 TREE TOPS 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 TREE TOPS 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
2017 19 DEC	£165,000	£360,353	54% below HPI
1999 28 APR	£70,000	£110,389	37% below HPI

1 TREE TOPS 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 TREE TOPS sales from April 1999 and December 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 April 1999 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2017 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 1 TREE TOPS be worth now?

1 TREE TOPS might now be worth an estimated £210,504.

This is based on house price inflation of 27.6%, between December 2017 and July 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 27.6% inflationary increase is applied to the most recent sale price for 1 TREE TOPS of £165,000 on 19th December 2017. For the value to have increased from £165,000 to £210,504 over the nine years and five months to July 2026, the following assumptions must hold true:

• The value of 1 TREE TOPS has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2017 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TREE TOPS has not materially changed since December 2017.

How Large is 1 TREE TOPS?

1 TREE TOPS is 62m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses houses in Carhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carhampton, and where 1 TREE TOPS lies on this distribution: 4% of detached houses houses are smaller than 1 TREE TOPS, and 96% of houses are larger. Note that EPC data is not available for all properties in Carhampton.

Where is 1 TREE TOPS?

1 TREE TOPS is located in CARHAMPTON, in the TA24 postcode district. The below map shows the position of No. 1 on TREE TOPS.