20, PARK MEAD, MONKTON HEATHFIELD, TAUNTON, TA2 8PL - £274,000

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.

20 PARK MEAD is a midsized extended terraced house of 109m², built sometime between 1976 and 1982, which could now be worth an estimated £306,907. It was last sold for £274,000 in July 2021, which was around 35% above the average July 2021 terraced price in the Somerset local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

20 PARK MEAD Sold Prices

Land registry data shows four sales for 20 PARK MEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. All of the four 20 PARK MEAD 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
2021 5 JUL	£274,000	£202,749	35% above HPI
2016 11 JAN	£212,000	£161,170	32% above HPI
2007 23 MAR	£194,950	£152,644	28% above HPI
2004 27 FEB	£169,950	£114,961	48% above HPI

20 PARK MEAD 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 four 20 PARK MEAD sales between February 2004 and July 2021 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 January 2016 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2021 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 20 PARK MEAD be worth now?

20 PARK MEAD might now be worth an estimated £306,907.

This is based on house price inflation of 12%, between July 2021 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 12% inflationary increase is applied to the most recent sale price for 20 PARK MEAD of £274,000 on 5th July 2021. For the value to have increased from £274,000 to £306,907 over the four years and one month to June 2025, the following assumptions must hold true:

• The value of 20 PARK MEAD has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The July 2021 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 20 PARK MEAD has not materially changed since July 2021.

How Large is 20 PARK MEAD?

20 PARK MEAD is 109m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the smallest 50% of terraced houses houses in Monkton Heathfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Monkton Heathfield, and where 20 PARK MEAD lies on this distribution: 41% of terraced houses houses are smaller than 20 PARK MEAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Monkton Heathfield.

20 PARK MEAD: Plot and Title Map

20 PARK MEAD sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 20 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 20 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 20 PARK MEAD?

20 PARK MEAD is located in MONKTON HEATHFIELD, in the TA2 postcode district. The below map shows the position of No. 20 on PARK MEAD.