THE MENDIPS, POUND LANE, EASTON, WELLS, BA5 1EF - £366,000

THE MENDIPS is a midsized extended detached house of 128m², built sometime before 1900. It was last sold for £366,000 in March 2018, which was around 5% above the average March 2018 detached price in the Somerset local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

THE MENDIPS Sold Prices

Land registry data shows two sales for THE MENDIPS 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. One of the two THE MENDIPS sales was for above the average price, whilst the other was 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
2018 28 MAR	£366,000	£349,545	5% above HPI
1999 16 MAR	£85,500	£106,218	20% below HPI

THE MENDIPS 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 THE MENDIPS sales from March 1999 and March 2018 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 March 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is THE MENDIPS?

THE MENDIPS is 128m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses in Easton, based on EPC data. The below chart shows the distribution of detached houses by size in Easton, and where THE MENDIPS lies on this distribution: 57% of detached houses are smaller than THE MENDIPS, and 41% of houses are larger. Note that EPC data is not available for all properties in Easton.

THE MENDIPS: Plot and Title Map

THE MENDIPS sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of THE MENDIPS, 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 MENDIPS). 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 MENDIPS?

THE MENDIPS is located on POUND LANE in EASTON, in the BA5 postcode district. The below map shows the position of THE MENDIPS on POUND LANE.