FIPPENNY, WELLS ROAD, CHILCOMPTON, RADSTOCK, BA3 4ET - £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.

FIPPENNY is a small detached house of 118m², built sometime between 1976 and 1982, which could now be worth an estimated £460,135. It was last sold for £285,000 in October 2012, which was about the average October 2012 detached price in the Somerset local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

FIPPENNY Sold Prices

Land registry data shows one sale for FIPPENNY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Somerset local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 4 OCT	£285,000	£283,880	Close to HPI

What might FIPPENNY be worth now?

FIPPENNY might now be worth an estimated £460,135.

This is based on house price inflation of 61.5%, between October 2012 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 61.5% inflationary increase is applied to the most recent sale price for FIPPENNY of £285,000 on 4th October 2012. For the value to have increased from £285,000 to £460,135 over the fourteen years and five months to May 2026, the following assumptions must hold true:

• The value of FIPPENNY has moved in line with the HPI for detached houses in the Somerset local authority area.
• The October 2012 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of FIPPENNY has not materially changed since October 2012.

How Large is FIPPENNY?

FIPPENNY is 118m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses in Chilcompton, based on EPC data. The below chart shows the distribution of detached houses by size in Chilcompton, and where FIPPENNY lies on this distribution: 37% of detached houses are smaller than FIPPENNY, and 63% of detached houses are larger. Note that EPC data is not available for all properties in Chilcompton.

FIPPENNY: Plot

FIPPENNY sits on a plot of roughly 0.106 of an acre, or 427m².

Where is FIPPENNY?

FIPPENNY is located on WELLS ROAD in CHILCOMPTON, in the BA3 postcode district.