16, MEAD WAY, MONKTON HEATHFIELD, TAUNTON, TA2 8LT - £264,000

16 MEAD WAY is a large extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £264,000 in October 2013, which was around 5% below the average October 2013 detached price in the Somerset local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

16 MEAD WAY Sold Prices

Land registry data shows five sales for 16 MEAD WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Most of the five 16 MEAD WAY 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
2013 18 OCT	£264,000	£279,196	5% below HPI
2004 3 MAR	£260,000	£236,827	10% above HPI
2001 19 JAN	£142,000	£138,907	2% above HPI
1997 25 NOV	£108,000	£97,263	11% above HPI
1996 26 APR	£110,500	£83,645	32% above HPI

16 MEAD WAY 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 five 16 MEAD WAY sales between April 1996 and October 2013 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 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2013 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 16 MEAD WAY?

16 MEAD WAY is 123m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the largest 40% of detached houses in Monkton Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Monkton Heathfield, and where 16 MEAD WAY lies on this distribution: 64% of detached houses are smaller than 16 MEAD WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Monkton Heathfield.

16 MEAD WAY: Plot and Title Map

16 MEAD WAY sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 16 MEAD WAY, 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 16 MEAD WAY). 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 16 MEAD WAY?

16 MEAD WAY is located in MONKTON HEATHFIELD, in the TA2 postcode district. The below map shows the position of No. 16 on MEAD WAY.