38, Lichen Road
38, Lichen Road
Description & Estimates
38, Lichen Road, Frome is recorded publicly as a modern freehold house across 1,496 ft2 of internal area, sitting on a 278 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 38, Lichen Road, Frome is £437,721 and its rental estimate is £1,815 per month, given the available information and assuming reasonable condition.
Lichen Road, Frome, BA11 falls within the BA11 postal district.
Our Data Sources
38, Lichen Road, Frome has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 38, Lichen Road, Frome, we estimate a market value of £459,607 and a rental value of £1,906 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £407,080 and £1,688 per month respectively.
Recent Market Change
Over the last year, 38, Lichen Road, Frome has seen its estimated sale value move down by £4,177 (1.0%) and its estimated rental value increase by £64 per month (3.5%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 38, Lichen Road, Frome as measuring 278 m2.
That makes it the 26th largest plot in the postcode, where 48 of the 69 other houses have recorded plot data.
Energy Efficiency
38, Lichen Road, Frome has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 38, Lichen Road, Frome completed on 11th December 2020 at £393,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 20.8% over the period since December 2020.
- Sold Dec 2020£393,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Lichen Road, Frome have sold within a radius of 930 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th June 2024, was 26, Lichen Road, Frome, BA11 5DZ, a freehold house which sold for £527,000.
Read more about house prices in BA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 69 addresses on Lichen Road, Frome, BA11, 38, Lichen Road, Frome comes out as the 7th largest and the 6th most expensive in our analysis of the public data.
It is also £75k more expensive than the average property across the BA11 district.
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Schools Nearby
- 900mChrist Church First School
- 1.1kmSt John's Church of England Voluntary Aided First School, Frome
- 1.3kmHayesdown First School
- 2.3kmFrome Community College
- 9.0kmMatravers School
- 10.2kmKingdown School
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Public Transport Nearby
From 38, Lichen Road, Frome, the nearest station is Frome, 600 metres away.
- 600mFrome
- 7.5kmDilton Marsh
- 9.0kmWestbury
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
