OLD HINGES, COXLEY, WELLS, BA5 1QZ - £425,000

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.

OLD HINGES is a large extended detached house of 152m², built sometime between 1950 and 1966, which could now be worth an estimated £529,547. It was last sold for £425,000 in April 2018, which was around 17% above the average April 2018 detached price in the Somerset local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was C.

OLD HINGES Sold Prices

Land registry data shows five sales for OLD HINGES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the five OLD HINGES 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
2018 6 APR	£425,000	£362,601	17% above HPI
2014 18 SEP	£335,000	£305,000	10% above HPI
2007 11 OCT	£405,000	£307,472	32% above HPI
2002 12 FEB	£197,000	£167,277	18% above HPI
1999 27 MAY	£140,000	£110,688	26% above HPI

OLD HINGES 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 five OLD HINGES sales between May 1999 and April 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 September 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2018 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might OLD HINGES be worth now?

OLD HINGES might now be worth an estimated £529,547.

This is based on house price inflation of 24.6%, between April 2018 and April 2026, for 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 24.6% inflationary increase is applied to the most recent sale price for OLD HINGES of £425,000 on 6th April 2018. For the value to have increased from £425,000 to £529,547 over the eight years to April 2026, the following assumptions must hold true:

• The value of OLD HINGES has moved in line with the HPI for detached houses in the Somerset local authority area.
• The April 2018 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of OLD HINGES has not materially changed since April 2018.

How Large is OLD HINGES?

OLD HINGES is 152m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 30% of detached houses houses in Coxley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coxley, and where OLD HINGES lies on this distribution: 78% of detached houses houses are smaller than OLD HINGES, and 22% of houses are larger. Note that EPC data is not available for all properties in Coxley.

OLD HINGES: Plot and Title Map

OLD HINGES sits on a plot of roughly 0.259 of an acre, or 1,049m². The below map shows the location of OLD HINGES, 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 OLD HINGES). 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 OLD HINGES?

OLD HINGES is located in COXLEY, in the BA5 postcode district. The below map shows the position of OLD HINGES in COXLEY.