NEW HOUSE, BURTLE ROAD, BURTLE, BRIDGWATER, TA7 8NB - £530,000

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.

NEW HOUSE is a very large extended detached house of 206m², built sometime between 2007 and 2011, which could now be worth an estimated £697,668. It was last sold for £530,000 in March 2017, which was around 54% above the average March 2017 detached price in the Somerset local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

NEW HOUSE Sold Prices

Land registry data shows two sales for NEW HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two NEW HOUSE 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
2017 29 MAR	£530,000	£343,219	54% above HPI
2011 28 NOV	£465,000	£281,478	65% above HPI

NEW HOUSE 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 two NEW HOUSE sales from November 2011 and March 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 November 2011 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the March 2017 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might NEW HOUSE be worth now?

NEW HOUSE might now be worth an estimated £697,668.

This is based on house price inflation of 31.6%, between March 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 31.6% inflationary increase is applied to the most recent sale price for NEW HOUSE of £530,000 on 29th March 2017. For the value to have increased from £530,000 to £697,668 over the eight years and eleven months to April 2026, the following assumptions must hold true:

• The value of NEW HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The March 2017 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of NEW HOUSE has not materially changed since March 2017.

How Large is NEW HOUSE?

NEW HOUSE is 206m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses in Burtle, based on EPC data. The below chart shows the distribution of detached houses by size in Burtle, and where NEW HOUSE lies on this distribution: 81% of detached houses are smaller than NEW HOUSE, and 19% of detached houses are larger. Note that EPC data is not available for all properties in Burtle.

NEW HOUSE: Plot

NEW HOUSE sits on a plot of roughly 0.602 of an acre, or 2,436m².

Where is NEW HOUSE?

NEW HOUSE is located on BURTLE ROAD in BURTLE, in the TA7 postcode district.