SOUTHFIELDS, MARCH LANE, GALHAMPTON, YEOVIL, BA22 7AN - £285,000

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.

SOUTHFIELDS is a small extended detached house of 118m², built sometime between 1976 and 1982, which could now be worth an estimated £464,838. It was last sold for £285,000 in June 2010, which was around 1% above the average June 2010 detached price in the Somerset local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was C.

SOUTHFIELDS Sold Prices

Land registry data shows three sales for SOUTHFIELDS 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. One of the three SOUTHFIELDS sales was for above the average price, whilst two 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
2010 25 JUN	£285,000	£281,008	1% above HPI
2004 23 JAN	£230,000	£239,008	4% below HPI
1995 2 AUG	£81,500	£86,536	6% below HPI

SOUTHFIELDS 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 SOUTHFIELDS sales between August 1995 and June 2010 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 January 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2010 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might SOUTHFIELDS be worth now?

SOUTHFIELDS might now be worth an estimated £464,838.

This is based on house price inflation of 63.1%, between June 2010 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 63.1% inflationary increase is applied to the most recent sale price for SOUTHFIELDS of £285,000 on 25th June 2010. For the value to have increased from £285,000 to £464,838 over the sixteen years and one month to May 2026, the following assumptions must hold true:

• The value of SOUTHFIELDS has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2010 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTHFIELDS has not materially changed since June 2010.

How Large is SOUTHFIELDS?

SOUTHFIELDS is 118m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 40% of detached houses houses in Galhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Galhampton, and where SOUTHFIELDS lies on this distribution: 35% of detached houses houses are smaller than SOUTHFIELDS, and 65% of houses are larger. Note that EPC data is not available for all properties in Galhampton.

SOUTHFIELDS: Plot and Title Map

SOUTHFIELDS sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of SOUTHFIELDS, 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 SOUTHFIELDS). 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 SOUTHFIELDS?

SOUTHFIELDS is located on MARCH LANE in GALHAMPTON, in the BA22 postcode district. The below map shows the position of SOUTHFIELDS on MARCH LANE.