21, THE DRIVE, WOOLAVINGTON, BRIDGWATER, TA7 8EJ - £318,000

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.

21 THE DRIVE is a small extended detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £365,725. It was last sold for £318,000 in June 2021, which was around 20% below the average June 2021 detached price in the Somerset local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

21 THE DRIVE Sold Prices

Land registry data shows two sales for 21 THE DRIVE 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. One of the two 21 THE DRIVE sales was for below the average price, whilst the other was 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 25 JUN	£318,000	£398,518	20% below HPI
1996 26 APR	£87,950	£86,279	2% above HPI

21 THE DRIVE 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 21 THE DRIVE sales from April 1996 and June 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 April 1996 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 21 THE DRIVE be worth now?

21 THE DRIVE might now be worth an estimated £365,725.

This is based on house price inflation of 15%, between June 2021 and May 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 15% inflationary increase is applied to the most recent sale price for 21 THE DRIVE of £318,000 on 25th June 2021. For the value to have increased from £318,000 to £365,725 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 21 THE DRIVE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2021 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 21 THE DRIVE has not materially changed since June 2021.

How Large is 21 THE DRIVE?

21 THE DRIVE is 94m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses houses in Woolavington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolavington, and where 21 THE DRIVE lies on this distribution: 32% of detached houses houses are smaller than 21 THE DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Woolavington.

21 THE DRIVE: Plot and Title Map

21 THE DRIVE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 21 THE DRIVE, 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 21 THE DRIVE). 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 21 THE DRIVE?

21 THE DRIVE is located in WOOLAVINGTON, in the TA7 postcode district. The below map shows the position of No. 21 on THE DRIVE.