8, MYRTLE ROAD, MARTOCK, TA12 6ED - £325,000

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.

8 MYRTLE ROAD is a small extended semi-detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £336,338. It was last sold for £325,000 in June 2022, which was around 17% above the average June 2022 semi-detached price in the Somerset local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

8 MYRTLE ROAD Sold Prices

Land registry data shows two sales for 8 MYRTLE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. Both of the two 8 MYRTLE ROAD sales 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
2022 7 JUN	£325,000	£278,647	17% above HPI
2001 4 APR	£100,000	£84,247	19% above HPI

8 MYRTLE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Somerset local authority area over time, sourced from the HPI. The two 8 MYRTLE ROAD sales from April 2001 and June 2022 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 2001 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2022 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 8 MYRTLE ROAD be worth now?

8 MYRTLE ROAD might now be worth an estimated £336,338.

This is based on house price inflation of 3.5%, between June 2022 and May 2026, for semi-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 3.5% inflationary increase is applied to the most recent sale price for 8 MYRTLE ROAD of £325,000 on 7th June 2022. For the value to have increased from £325,000 to £336,338 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 8 MYRTLE ROAD has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The June 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MYRTLE ROAD has not materially changed since June 2022.

How Large is 8 MYRTLE ROAD?

8 MYRTLE ROAD is 107m², which includes three extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of semi-detached houses houses in Martock, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Martock, and where 8 MYRTLE ROAD lies on this distribution: 37% of semi-detached houses houses are smaller than 8 MYRTLE ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Martock.

8 MYRTLE ROAD: Plot and Title Map

8 MYRTLE ROAD sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 8 MYRTLE ROAD, 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 8 MYRTLE ROAD). 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 8 MYRTLE ROAD?

8 MYRTLE ROAD is located in MARTOCK, in the TA12 postcode district. The below map shows the position of No. 8 on MYRTLE ROAD.