THE REDHOUSE, CARHAMPTON, MINEHEAD, TA24 6LX - £462,500

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.

THE REDHOUSE is a very large extended detached house of 161m², built sometime before 1900, which could now be worth an estimated £519,159. It was last sold for £462,500 in February 2021, which was around 16% above the average February 2021 detached price in the Somerset local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was E.

THE REDHOUSE Sold Prices

Land registry data shows two sales for THE REDHOUSE 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 REDHOUSE 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
2021 26 FEB	£462,500	£399,808	16% above HPI
2015 28 AUG	£285,000	£316,361	10% below HPI

THE REDHOUSE 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 REDHOUSE sales from August 2015 and February 2021 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 August 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might THE REDHOUSE be worth now?

THE REDHOUSE might now be worth an estimated £519,159.

This is based on house price inflation of 12.3%, between February 2021 and June 2025, 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 12.3% inflationary increase is applied to the most recent sale price for THE REDHOUSE of £462,500 on 26th February 2021. For the value to have increased from £462,500 to £519,159 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of THE REDHOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2021 sale price of £462,500 represented a fair market value for the property.
• The size, condition, and specification of THE REDHOUSE has not materially changed since February 2021.

How Large is THE REDHOUSE?

THE REDHOUSE is 161m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the largest 20% of detached houses houses in Carhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carhampton, and where THE REDHOUSE lies on this distribution: 87% of detached houses houses are smaller than THE REDHOUSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Carhampton.

THE REDHOUSE: Plot and Title Map

THE REDHOUSE sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of THE REDHOUSE, 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 REDHOUSE). 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 REDHOUSE?

THE REDHOUSE is located in CARHAMPTON, in the TA24 postcode district. The below map shows the position of THE REDHOUSE in CARHAMPTON.