STEEPLE BRAE, CARHAMPTON, MINEHEAD, TA24 6LU - £335,000

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.

STEEPLE BRAE is a small extended detached house of 101m², built sometime between 1930 and 1949, which could now be worth an estimated £334,073. It was last sold for £335,000 in November 2023, which was around 26% below the average November 2023 detached price in the Somerset local authority area. The most recent EPC inspection was August 2022, where the current energy rating was F, and the potential energy rating was D.

STEEPLE BRAE Sold Prices

Land registry data shows four sales for STEEPLE BRAE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four STEEPLE BRAE 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
2023 1 NOV	£335,000	£453,051	26% below HPI
2020 19 NOV	£218,000	£395,748	45% below HPI
2007 2 AUG	£46,049	£305,935	85% below HPI
1998 4 SEP	£60,000	£109,460	45% below HPI

STEEPLE BRAE 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 four STEEPLE BRAE sales between September 1998 and November 2023 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 November 2020 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might STEEPLE BRAE be worth now?

STEEPLE BRAE might now be worth an estimated £334,073.

This is based on house price deflation of 0.3%, between November 2023 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 0.3% deflationary decrease is applied to the most recent sale price for STEEPLE BRAE of £335,000 on 1st November 2023. For the value to have decreased from £335,000 to £334,073 over the three years and seven months to April 2026, the following assumptions must hold true:

• The value of STEEPLE BRAE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The November 2023 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of STEEPLE BRAE has not materially changed since November 2023.

How Large is STEEPLE BRAE?

STEEPLE BRAE is 101m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses houses in Carhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carhampton, and where STEEPLE BRAE lies on this distribution: 39% of detached houses houses are smaller than STEEPLE BRAE, and 61% of houses are larger. Note that EPC data is not available for all properties in Carhampton.

STEEPLE BRAE: Plot and Title Map

STEEPLE BRAE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of STEEPLE BRAE, 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 STEEPLE BRAE). 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 STEEPLE BRAE?

STEEPLE BRAE is located in CARHAMPTON, in the TA24 postcode district. The below map shows the position of STEEPLE BRAE in CARHAMPTON.