Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
5 ELM LEA CLOSE is a very small extended detached house of 88m², built sometime between 1983 and 1990. It was last sold for £255,000 in November 2019, which was around 30% below the average November 2019 detached price in the Somerset local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 ELM LEA CLOSE since 1st 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. Both of the two 5 ELM LEA CLOSE 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 |
---|---|---|---|
2019 18 NOV | £255,000 | £363,080 | 30% below HPI |
1995 30 MAY | £64,000 | £84,349 | 24% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 5 ELM LEA CLOSE sales from May 1995 and November 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 May 1995 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
5 ELM LEA CLOSE is 88m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Puriton, based on EPC data. The below chart shows the distribution of detached houses by size in Puriton, and where 5 ELM LEA CLOSE lies on this distribution: 19% of detached houses are smaller than 5 ELM LEA CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Puriton.
5 ELM LEA CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 5 ELM LEA 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 5 ELM LEA 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.
5 ELM LEA CLOSE is located in PURITON, in the TA7 postcode district. The below map shows the position of No. 5 on ELM LEA CLOSE.