THE WILLOWS, FISHERS LANE, MARK, HIGHBRIDGE, TA9 4LZ - £250,000

THE WILLOWS is a very small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £250,000 in February 2014, which was around 11% below the average February 2014 detached price in the Somerset local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows four sales for THE WILLOWS 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 WILLOWS 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
2014 25 FEB	£250,000	£279,363	11% below HPI
2006 16 MAR	£70,000	£253,772	72% below HPI
2001 30 APR	£165,000	£143,093	15% above HPI
1999 14 MAY	£97,000	£107,309	10% below HPI

THE WILLOWS 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 WILLOWS sales between May 1999 and February 2014 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 2006 sale was for 72% below the HPI. So the extrapolation line tracks at 72% below the HPI over time, until the February 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 78m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Mark, based on EPC data. The below chart shows the distribution of detached houses by size in Mark, and where THE WILLOWS lies on this distribution: 16% of detached houses are smaller than THE WILLOWS, and 83% of houses are larger. Note that EPC data is not available for all properties in Mark.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

THE WILLOWS is located on FISHERS LANE in MARK, in the TA9 postcode district. The below map shows the position of THE WILLOWS on FISHERS LANE.