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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Lower Bye Farm is £606,291 and the estimated rental value is £2,391 per month.
Watchet, TA23 is located within the TA23 postal district.
Lower Bye Farm has no records in the the Land Registry and a single entry in the EPC database dated December 2015.
We combine this information with public data of neighbouring properties to estimate the property 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 Lower Bye Farm is in very good condition we estimate a sale value of £636,605 and a rental value of £2,511 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £563,851 and a rental value of £2,224 per month.
Over the last 12 months the sale value of Lower Bye Farm has decreased by an estimated £14,475 (2.4%) and its rental value has increased by an estimated £91 per month (3.8%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, Lower Bye Farm sits on a plot of 32566m2.
We have plot size data on 3 out of 3 other houses in the postcode and Lower Bye Farm sits on the 2nd largest plot.
Lower Bye Farm has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Dec 2015.
The property is not connected to mains gas and has partial double glazing. It is heated using Ground source heat pump, radiators, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lower Bye Farm within a radius of 2.3 kilometres over the last 2 years.
The most recent example is Cherry Tree Cottage, Minehead, TA24 6HE, a freehold house which sold for £710,000 on the 26th November 2020.
Read more about house prices in TA23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watchet, TA23 has a total of 89 addresses. According to our analysis of all the public data, Lower Bye Farm is the 3rd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £343k more expensive than the average property in TA23.
The closest station to Lower Bye Farm is Taunton station which is 24.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Lower Bye Farm, 55.3% of property is privately owned outright and 22.0% is privately rented.
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 Lower Bye Farm, 10.8% of residents are recorded as possessing school level qualifications and 40.0% 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 Lower Bye Farm, the average age was 48.9 and the most common age was 67.
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 Lower Bye Farm, 1.4% 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 Lower Bye Farm, 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.