THE LAURELS, GARDEN COURT, SOUTH CHARD, CHARD, TA20 2QX - £280,000

THE LAURELS is a very small detached house of 83m², built sometime between 2003 and 2006. It was last sold for £280,000 in February 2020, which was around 23% below the average February 2020 detached price in the Somerset local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows three sales for THE LAURELS 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. All of the three THE LAURELS 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
2020 12 FEB	£280,000	£362,834	23% below HPI
2012 27 NOV	£247,500	£274,215	10% below HPI
2003 23 OCT	£225,000	£226,579	1% below HPI

THE LAURELS 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 three THE LAURELS sales between October 2003 and February 2020 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 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is THE LAURELS?

THE LAURELS is 83m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% of detached houses in Tatworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tatworth, and where THE LAURELS lies on this distribution: 19% of detached houses are smaller than THE LAURELS, and 81% of houses are larger. Note that EPC data is not available for all properties in Tatworth.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on GARDEN COURT in SOUTH CHARD, in the TA20 postcode district. The below map shows the position of THE LAURELS on GARDEN COURT.