45, MARWIN CLOSE, MARTOCK, TA12 6HL - £176,700

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 MARWIN CLOSE is a very small terraced house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £217,275. It was last sold for £176,700 in July 2020, which was around 6% below the average July 2020 terraced price in the Somerset local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

45 MARWIN CLOSE Sold Prices

Land registry data shows four sales for 45 MARWIN CLOSE 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. two of the four 45 MARWIN CLOSE sales were for below the average price, and four 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
2020 3 JUL	£176,700	£187,191	6% below HPI
2016 13 MAY	£152,000	£163,966	7% below HPI
2003 5 SEP	£125,000	£108,208	16% above HPI
1998 27 FEB	£49,000	£47,307	4% above HPI

45 MARWIN 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 four 45 MARWIN CLOSE sales between February 1998 and July 2020 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 May 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 45 MARWIN CLOSE be worth now?

45 MARWIN CLOSE might now be worth an estimated £217,275.

This is based on house price inflation of 23%, between July 2020 and April 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 23% inflationary increase is applied to the most recent sale price for 45 MARWIN CLOSE of £176,700 on 3rd July 2020. For the value to have increased from £176,700 to £217,275 over the six years and three months to April 2026, the following assumptions must hold true:

• The value of 45 MARWIN CLOSE has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The July 2020 sale price of £176,700 represented a fair market value for the property.
• The size, condition, and specification of 45 MARWIN CLOSE has not materially changed since July 2020.

How Large is 45 MARWIN CLOSE?

45 MARWIN CLOSE is 74m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of terraced houses houses in Martock, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Martock, and where 45 MARWIN CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 45 MARWIN CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Martock.

45 MARWIN CLOSE: Plot and Title Map

45 MARWIN CLOSE sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 45 MARWIN 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 MARWIN 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 MARWIN CLOSE?

45 MARWIN CLOSE is located in MARTOCK, in the TA12 postcode district. The below map shows the position of No. 45 on MARWIN CLOSE.