45, KING CEOL CLOSE, CHARD, TA20 2JA - £228,500

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.

45 KING CEOL CLOSE is a very small terraced house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £286,567. It was last sold for £228,500 in December 2019, which was around 23% above the average December 2019 terraced price in the Somerset local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

45 KING CEOL CLOSE Sold Prices

Land registry data shows two sales for 45 KING CEOL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. One of the two 45 KING CEOL CLOSE sales was for above the average price, whilst the other was 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
2019 3 DEC	£228,500	£185,333	23% above HPI
2018 10 JAN	£160,000	£178,500	10% below HPI

45 KING CEOL CLOSE 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 two 45 KING CEOL CLOSE sales from January 2018 and December 2019 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 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2019 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 45 KING CEOL CLOSE be worth now?

45 KING CEOL CLOSE might now be worth an estimated £286,567.

This is based on house price inflation of 25.4%, between December 2019 and May 2026, 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 25.4% inflationary increase is applied to the most recent sale price for 45 KING CEOL CLOSE of £228,500 on 3rd December 2019. For the value to have increased from £228,500 to £286,567 over the seven years and seven months to May 2026, the following assumptions must hold true:

• The value of 45 KING CEOL CLOSE has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The December 2019 sale price of £228,500 represented a fair market value for the property.
• The size, condition, and specification of 45 KING CEOL CLOSE has not materially changed since December 2019.

How Large is 45 KING CEOL CLOSE?

45 KING CEOL CLOSE is 62m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of terraced houses houses in Chard, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chard, and where 45 KING CEOL CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 45 KING CEOL CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chard.

45 KING CEOL CLOSE: Plot and Title Map

45 KING CEOL CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 45 KING CEOL CLOSE, 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 45 KING CEOL CLOSE). 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 45 KING CEOL CLOSE?

45 KING CEOL CLOSE is located in CHARD, in the TA20 postcode district. The below map shows the position of No. 45 on KING CEOL CLOSE.