THE TIBBS, DANIELS LANE, EASTON, WELLS, BA5 1DY - £410,000

THE TIBBS is a very large extended detached house of 149m², built sometime between 1900 and 1929. It was last sold for £410,000 in October 2017, which was around 18% above the average October 2017 detached price in the Somerset local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

THE TIBBS Sold Prices

Land registry data shows four sales for THE TIBBS 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. Most of the four THE TIBBS sales were for above 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 13 OCT	£410,000	£347,571	18% above HPI
2004 3 DEC	£295,000	£255,975	15% above HPI
2002 18 DEC	£262,500	£205,048	28% above HPI
1999 30 NOV	£90,000	£121,250	26% below HPI

THE TIBBS 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 TIBBS sales between November 1999 and October 2017 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 December 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2017 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is THE TIBBS?

THE TIBBS is 149m², which includes four extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 20% 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 TIBBS lies on this distribution: 80% of detached houses are smaller than THE TIBBS, and 20% of houses are larger. Note that EPC data is not available for all properties in Easton.

THE TIBBS: Plot and Title Map

THE TIBBS sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of THE TIBBS, 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 TIBBS). 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 TIBBS?

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