2, PARK MEAD, MONKTON HEATHFIELD, TAUNTON, TA2 8PL - £360,000

2 PARK MEAD is a midsized extended detached house of 118m², built sometime between 1976 and 1982. It was last sold for £360,000 in June 2022, which was around 17% below the average June 2022 detached price in the Somerset local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

2 PARK MEAD Sold Prices

Land registry data shows four sales for 2 PARK MEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four 2 PARK MEAD 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
2022 30 JUN	£360,000	£434,749	17% below HPI
2004 19 APR	£225,000	£236,810	5% below HPI
1999 10 DEC	£98,000	£121,919	20% below HPI
1995 25 MAY	£78,000	£84,349	8% below HPI

2 PARK MEAD 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 four 2 PARK MEAD sales between May 1995 and June 2022 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 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 PARK MEAD?

2 PARK MEAD is 118m², which includes two extensions, according to the EPC inspection conducted in April 2022. 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 2 PARK MEAD lies on this distribution: 59% of detached houses are smaller than 2 PARK MEAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Monkton Heathfield.

2 PARK MEAD: Plot and Title Map

2 PARK MEAD sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 2 PARK MEAD, 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 2 PARK MEAD). 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 2 PARK MEAD?

2 PARK MEAD is located in MONKTON HEATHFIELD, in the TA2 postcode district. The below map shows the position of No. 2 on PARK MEAD.