IONA, LEIGHTON LANE, EVERCREECH, SHEPTON MALLET, BA4 6DR - £173,500

IONA is a very small extended detached house of 56m², built sometime between 1983 and 1990. It was last sold for £173,500 in June 2013, which was around 36% below the average June 2013 detached price in the Somerset local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

IONA Sold Prices

Land registry data shows four sales for IONA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four IONA 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 7 JUN	£173,500	£271,906	36% below HPI
2007 12 JAN	£169,000	£278,945	39% below HPI
1999 1 NOV	£71,000	£121,250	41% below HPI
1996 19 JUL	£50,000	£84,939	41% below HPI

IONA 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 four IONA sales between July 1996 and June 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 January 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2013 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is IONA?

IONA is 56m², which includes one extension, according to the EPC inspection conducted in March 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 IONA lies on this distribution: 7% of detached houses are smaller than IONA, and 91% of houses are larger. Note that EPC data is not available for all properties in Evercreech.

IONA: Plot and Title Map

IONA sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of IONA, 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 IONA). 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 IONA?

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