Bank House Acre Lane

    BANK HOUSE, ACRE LANE, SOMERTON, TA11 7PW

    This detached freehold property on Acre Lane last sold in November 2019 for £490,000. Based on price growth in the TA11 district since then, its estimated current value is £649,530 — placing it in the 88th percentile nationally and the 86th percentile within TA11. The property covers 189 m² (2,034 sq ft), giving an estimated value of £3,437 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,034 sq ft

    189 m²

    Last Sale Price

    £490,000

    Nov 2019

    Estimated Valuation

    £649,530

    Est. £/sq ft

    £319/sq ft

    £3,437/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms11
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,034 sq ft (189 m²)
    EPC dateMar 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Nov 2019

    £490,000

    12 Aug 2010

    £307,500

    Key Metrics

    Estimated valuation£649,530
    Value per sq ft / m²£319/sq ft (£3,437/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TA11 district percentile86th percentile
    National percentile88th percentile

    District Context — TA11

    TA11 covers the area around Langport and the Isle of Athelney in south Somerset, sitting between Taunton and the Levels. It is a rural, quieter market characterised by older homeowners and a strong tradition of self-employment and skilled trades.

    Average Property Price - TA11

    £409,162

    69

    National percentile

    Average Net Household Income - TA11

    £40,796

    61

    National percentile

    10-Year Annualised Price Growth - TA11

    4.3%

    74

    National percentile

    10-Year Annualised Rent Growth - TA

    3.5%

    23

    National percentile

    View full analysis for TA11

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