SEASPRAY, BLUE ANCHOR, MINEHEAD, TA24 6LD - £180,000

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.

SEASPRAY is a very small detached house of 54m², built sometime between 1950 and 1966, which could now be worth an estimated £258,275. It was last sold for £180,000 in September 2015, which was around 44% below the average September 2015 detached price in the Somerset local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

SEASPRAY Sold Prices

Land registry data shows three sales for SEASPRAY 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 SEASPRAY 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
2015 7 SEP	£180,000	£319,422	44% below HPI
1997 27 MAR	£45,000	£92,805	52% below HPI
1996 19 MAR	£35,000	£84,868	59% below HPI

SEASPRAY 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 SEASPRAY sales between March 1996 and September 2015 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 1997 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the September 2015 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might SEASPRAY be worth now?

SEASPRAY might now be worth an estimated £258,275.

This is based on house price inflation of 43.5%, between September 2015 and May 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 43.5% inflationary increase is applied to the most recent sale price for SEASPRAY of £180,000 on 7th September 2015. For the value to have increased from £180,000 to £258,275 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of SEASPRAY has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2015 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of SEASPRAY has not materially changed since September 2015.

How Large is SEASPRAY?

SEASPRAY is 54m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses houses in Blue Anchor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blue Anchor, and where SEASPRAY lies on this distribution: Less than 1% of detached houses houses are smaller than SEASPRAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Blue Anchor.

SEASPRAY: Plot and Title Map

SEASPRAY sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of SEASPRAY, 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 SEASPRAY). 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 SEASPRAY?

SEASPRAY is located in BLUE ANCHOR, in the TA24 postcode district. The below map shows the position of SEASPRAY in BLUE ANCHOR.