SHANIDA, WATERLOO, PURITON, BRIDGWATER, TA7 8BB - £287,500

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.

SHANIDA is a small detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £377,419. It was last sold for £287,500 in April 2017, which was around 16% below the average April 2017 detached price in the Somerset local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

SHANIDA Sold Prices

Land registry data shows three sales for SHANIDA 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 SHANIDA 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 28 APR	£287,500	£344,158	16% below HPI
2009 21 OCT	£175,000	£274,171	36% below HPI
1997 28 NOV	£85,000	£100,326	15% below HPI

SHANIDA 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 SHANIDA sales between November 1997 and April 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 October 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2017 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might SHANIDA be worth now?

SHANIDA might now be worth an estimated £377,419.

This is based on house price inflation of 31.3%, between April 2017 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 31.3% inflationary increase is applied to the most recent sale price for SHANIDA of £287,500 on 28th April 2017. For the value to have increased from £287,500 to £377,419 over the nine years to April 2026, the following assumptions must hold true:

• The value of SHANIDA has moved in line with the HPI for detached houses in the Somerset local authority area.
• The April 2017 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of SHANIDA has not materially changed since April 2017.

How Large is SHANIDA?

SHANIDA is 91m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses houses in Puriton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Puriton, and where SHANIDA lies on this distribution: 24% of detached houses houses are smaller than SHANIDA, and 76% of houses are larger. Note that EPC data is not available for all properties in Puriton.

SHANIDA: Plot and Title Map

SHANIDA sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of SHANIDA, 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 SHANIDA). 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 SHANIDA?

SHANIDA is located on WATERLOO in PURITON, in the TA7 postcode district. The below map shows the position of SHANIDA on WATERLOO.