12, PHELPS CLOSE, CHARD, TA20 1EA - £135,500

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.

12 PHELPS CLOSE is a flat, which could now be worth an estimated £150,816. It was last sold for £135,500 in December 2007, which was around 11% above the average December 2007 flat price in the Somerset local authority area.

12 PHELPS CLOSE Sold Prices

Land registry data shows three sales for 12 PHELPS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Somerset local authority area for the corresponding sale date. All of the three 12 PHELPS CLOSE 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
2007 5 DEC	£135,500	£121,547	11% above HPI
2002 23 JUL	£81,500	£65,697	24% above HPI
1996 2 FEB	£39,250	£30,883	27% above HPI

What might 12 PHELPS CLOSE be worth now?

12 PHELPS CLOSE might now be worth an estimated £150,816.

This is based on house price inflation of 11.3%, between December 2007 and May 2026, for flats, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.3% inflationary increase is applied to the most recent sale price for 12 PHELPS CLOSE of £135,500 on 5th December 2007. For the value to have increased from £135,500 to £150,816 over the nineteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 12 PHELPS CLOSE has moved in line with the HPI for flats in the Somerset local authority area.
• The December 2007 sale price of £135,500 represented a fair market value for the property.
• The size, condition, and specification of 12 PHELPS CLOSE has not materially changed since December 2007.

Where is 12 PHELPS CLOSE?

12 PHELPS CLOSE is located in CHARD, in the TA20 postcode district.