3, SPENCER DRIVE, MIDSOMER NORTON, RADSTOCK, BA3 2DN - £288,000

3 SPENCER DRIVE is a large detached house of 121m², built sometime between 1996 and 2002. It was last sold for £288,000 in November 2015, which was around 41% below the average November 2015 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

3 SPENCER DRIVE Sold Prices

Land registry data shows two sales for 3 SPENCER 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 Bath and North East Somerset local authority area for the corresponding sale date. Both of the two 3 SPENCER DRIVE 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
2015 12 NOV	£288,000	£489,997	41% below HPI
1998 27 OCT	£128,000	£139,537	8% below HPI

3 SPENCER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The two 3 SPENCER DRIVE sales from October 1998 and November 2015 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 October 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2015 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 3 SPENCER DRIVE?

3 SPENCER DRIVE is 121m² according to the EPC inspection conducted in April 2011. This puts it in the largest 40% of detached houses in Midsomer Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Midsomer Norton, and where 3 SPENCER DRIVE lies on this distribution: 68% of detached houses are smaller than 3 SPENCER DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.

3 SPENCER DRIVE: Plot and Title Map

3 SPENCER DRIVE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 3 SPENCER 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 3 SPENCER 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 3 SPENCER DRIVE?

3 SPENCER DRIVE is located in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of No. 3 on SPENCER DRIVE.