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According to the public record, Down Lea, Chard is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,597 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Down Lea, Chard is £751,478 and the estimated rental value is £2,011 per month.
Wadeford, Chard, TA20 is located within the TA20 postal district.
Down Lea, Chard has a single entry in the Land Registry from May 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Down Lea, Chard is in very good condition we estimate a sale value of £789,052 and a rental value of £2,111 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £698,875 and a rental value of £1,870 per month.
Over the last 12 months the sale value of Down Lea Chard has decreased by an estimated £25,933 (3.5%) and its rental value has increased by an estimated £4 per month (0.2%), giving an expected gross yield of 3.2%.
According to HM Land Registry, Down Lea, Chard was last sold on 15th May 2007 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 19.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Down Lea, Chard within a radius of 1.8 kilometres over the last 2 years.
The most recent example is Gatcombe Barn, Clayhanger, Chard, TA20 3BD, a freehold house which sold for £605,000 on the 26th March 2021.
Read more about house prices in TA20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wadeford, Chard, TA20 has a total of 53 addresses. According to our analysis of all the public data, Down Lea, Chard is the 34th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £464k more expensive than the average property in TA20.
The closest station to Down Lea, Chard is Axminster station which is 12.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Down Lea, Chard, 64.6% of property is privately owned outright and 22.2% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Down Lea, Chard, 8.0% of residents are recorded as possessing school level qualifications and 31.2% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Down Lea, Chard, the average age was 49.9 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Down Lea, Chard, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Down Lea, Chard, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.