LOUAN, MILLBATCH LANE, MEARE, GLASTONBURY, BA6 9TD - £285,000

LOUAN is a midsized detached house of 131m², built sometime between 1983 and 1990. It was last sold for £285,000 in September 2018, which was around 21% below the average September 2018 detached price in the Somerset local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

LOUAN Sold Prices

Land registry data shows two sales for LOUAN since 1^st 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 LOUAN 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
2018 13 SEP	£285,000	£360,854	21% below HPI
1996 8 MAY	£77,950	£83,646	7% below HPI

LOUAN 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 two LOUAN sales from May 1996 and September 2018 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 1996 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is LOUAN?

LOUAN is 131m² according to the EPC inspection conducted in November 2016. This puts it in the largest 50% of detached houses in Oxenpill, based on EPC data. The below chart shows the distribution of detached houses by size in Oxenpill, and where LOUAN lies on this distribution: 58% of detached houses are smaller than LOUAN, and 42% of houses are larger. Note that EPC data is not available for all properties in Oxenpill.

LOUAN: Plot and Title Map

LOUAN sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of LOUAN, 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 LOUAN). 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 LOUAN?

LOUAN is located on MILLBATCH LANE in MEARE, in the BA6 postcode district. The below map shows the position of LOUAN on MILLBATCH LANE.