2, THE KNAPP, TEMPLECOMBE, BA8 0JP - £169,950

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.

2 THE KNAPP is a very small terraced house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £209,071. It was last sold for £169,950 in September 2018, which was around 8% below the average September 2018 terraced price in the Somerset local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

2 THE KNAPP Sold Prices

Land registry data shows three sales for 2 THE KNAPP since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. All of the three 2 THE KNAPP 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
2018 10 SEP	£169,950	£184,605	8% below HPI
2013 17 DEC	£131,000	£146,065	10% below HPI
2007 14 DEC	£155,000	£159,444	3% below HPI

2 THE KNAPP Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Somerset local authority area over time, sourced from the HPI. The three 2 THE KNAPP sales between December 2007 and September 2018 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 December 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 THE KNAPP be worth now?

2 THE KNAPP might now be worth an estimated £209,071.

This is based on house price inflation of 23%, between September 2018 and June 2025, for terraced 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 23% inflationary increase is applied to the most recent sale price for 2 THE KNAPP of £169,950 on 10th September 2018. For the value to have increased from £169,950 to £209,071 over the seven years and three months to June 2025, the following assumptions must hold true:

• The value of 2 THE KNAPP has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The September 2018 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 2 THE KNAPP has not materially changed since September 2018.

How Large is 2 THE KNAPP?

2 THE KNAPP is 72m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of terraced houses houses in Templecombe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Templecombe, and where 2 THE KNAPP lies on this distribution: 12% of terraced houses houses are smaller than 2 THE KNAPP, and 88% of houses are larger. Note that EPC data is not available for all properties in Templecombe.

2 THE KNAPP: Plot and Title Map

2 THE KNAPP sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 2 THE KNAPP, 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 THE KNAPP). 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 THE KNAPP?

2 THE KNAPP is located in TEMPLECOMBE, in the BA8 postcode district. The below map shows the position of No. 2 on THE KNAPP.