HERNLEA, LEIGHTON LANE, EVERCREECH, SHEPTON MALLET, BA4 6DR - £163,000

HERNLEA is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £163,000 in December 2013, which was around 42% below the average December 2013 detached price in the Somerset local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

HERNLEA Sold Prices

Land registry data shows three sales for HERNLEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three HERNLEA 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
2013 6 DEC	£163,000	£279,254	42% below HPI
1999 15 JUL	£73,000	£112,454	35% below HPI
1997 19 JUN	£66,000	£92,282	28% below HPI

HERNLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three HERNLEA sales between June 1997 and December 2013 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 July 1999 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2013 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is HERNLEA?

HERNLEA is 55m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Evercreech, based on EPC data. The below chart shows the distribution of detached houses by size in Evercreech, and where HERNLEA lies on this distribution: 5% of detached houses are smaller than HERNLEA, and 93% of houses are larger. Note that EPC data is not available for all properties in Evercreech.

HERNLEA: Plot and Title Map

HERNLEA sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of HERNLEA, 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 HERNLEA). 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 HERNLEA?

HERNLEA is located on LEIGHTON LANE in EVERCREECH, in the BA4 postcode district. The below map shows the position of HERNLEA on LEIGHTON LANE.