THE CEDARS, KINGDOM LANE, NORTON FITZWARREN, TAUNTON, TA2 6QP - £248,000

THE CEDARS is a large extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £248,000 in July 2010, which was around 9% below the average July 2010 detached price in the Somerset local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

THE CEDARS Sold Prices

Land registry data shows four sales for THE CEDARS 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 THE CEDARS 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
2010 20 JUL	£248,000	£273,917	9% below HPI
2002 12 SEP	£163,500	£195,071	16% below HPI
1999 4 JUN	£89,950	£109,558	18% below HPI
1995 12 MAY	£69,000	£84,349	18% below HPI

THE CEDARS 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 THE CEDARS sales between May 1995 and July 2010 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 September 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2010 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is THE CEDARS?

THE CEDARS is 123m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 40% of detached houses in Norton Fitzwarren, based on EPC data. The below chart shows the distribution of detached houses by size in Norton Fitzwarren, and where THE CEDARS lies on this distribution: 67% of detached houses are smaller than THE CEDARS, and 33% of houses are larger. Note that EPC data is not available for all properties in Norton Fitzwarren.

THE CEDARS: Plot and Title Map

THE CEDARS sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

THE CEDARS is located on KINGDOM LANE in NORTON FITZWARREN, in the TA2 postcode district. The below map shows the position of THE CEDARS on KINGDOM LANE.