OAK HOUSE, BROADWAY, CHILCOMPTON, RADSTOCK, BA3 4JW - £427,500

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.

OAK HOUSE is a detached house, which could now be worth an estimated £546,515. It was last sold for £427,500 in October 2017, which was around 19% above the average October 2017 detached price in the Somerset local authority area.

OAK HOUSE Sold Prices

Land registry data shows three sales for OAK HOUSE 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. The three OAK HOUSE sales were a mix of above the average price, roughly equal to the average price, and 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
2017 23 OCT	£427,500	£358,517	19% above HPI
2014 11 JUL	£300,000	£298,627	Close to HPI
2007 19 NOV	£249,950	£308,256	19% below HPI

What might OAK HOUSE be worth now?

OAK HOUSE might now be worth an estimated £546,515.

This is based on house price inflation of 27.8%, between October 2017 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 27.8% inflationary increase is applied to the most recent sale price for OAK HOUSE of £427,500 on 23rd October 2017. For the value to have increased from £427,500 to £546,515 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of OAK HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The October 2017 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of OAK HOUSE has not materially changed since October 2017.

Where is OAK HOUSE?

OAK HOUSE is located on BROADWAY in CHILCOMPTON, in the BA3 postcode district.