NEWHAVEN, CHILCOMPTON ROAD, MIDSOMER NORTON, RADSTOCK, BA3 2PL - £385,000

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.

NEWHAVEN is a small extended detached house of 95m², built sometime between 1950 and 1966, which could now be worth an estimated £488,256. It was last sold for £385,000 in October 2017, which was around 31% below the average October 2017 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

NEWHAVEN Sold Prices

Land registry data shows two sales for NEWHAVEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. Both of the two NEWHAVEN 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
2017 10 OCT	£385,000	£559,443	31% below HPI
2014 3 MAR	£172,250	£421,278	59% below HPI

NEWHAVEN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The two NEWHAVEN sales from March 2014 and October 2017 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 March 2014 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the October 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might NEWHAVEN be worth now?

NEWHAVEN might now be worth an estimated £488,256.

This is based on house price inflation of 26.8%, between October 2017 and May 2026, for detached houses, in the Bath and North East Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.8% inflationary increase is applied to the most recent sale price for NEWHAVEN of £385,000 on 10th October 2017. For the value to have increased from £385,000 to £488,256 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of NEWHAVEN has moved in line with the HPI for detached houses in the Bath and North East Somerset local authority area.
• The October 2017 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of NEWHAVEN has not materially changed since October 2017.

How Large is NEWHAVEN?

NEWHAVEN is 95m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses houses in Midsomer Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Midsomer Norton, and where NEWHAVEN lies on this distribution: 31% of detached houses houses are smaller than NEWHAVEN, and 68% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.

NEWHAVEN: Plot and Title Map

NEWHAVEN sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of NEWHAVEN, 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 NEWHAVEN). 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 NEWHAVEN?

NEWHAVEN is located on CHILCOMPTON ROAD in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of NEWHAVEN on CHILCOMPTON ROAD.