Housing Market Analysis for PARKS LANE, TA24 8BX

Are you looking to understand TA24 8BX house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Somerset West and Taunton postcode.

For the location information and nearby amenities in the TA24 8BX area, explore the TA24 8BX Area information page.
For comprehensive crime statistics in the TA24 8BX area, explore the TA24 8BX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TA24 8BX postcode area, The average prices are as follows,

Flat
- The average price is around £102,818 median price is £125,000 Standard Deviation is £41,434 with Total Sold: 11
- The Last 5 Year average price is £146,250 with Total Sold: 2
- The most recent sale happened at this postcode is FLAT 1, LAURENCE HOUSE PARKS LANE: £165,000 (Sold on 22 Jun 2023)
- The first recorded sale happened at this postcode is FLAT 3, LAURENCE HOUSE PARKS LANE: £36,000 (Sold on 29 Mar 1996)
Detached
- The average price is around £278,056 median price is £287,500 Standard Deviation is £96,754 with Total Sold: 9
- The Last 5 Year average price is £445,000 with Total Sold: 1
- The most recent sale happened at this postcode is CLEEVE COTTAGE PARKS LANE: £445,000 (Sold on 10 Feb 2021)
- The first recorded sale happened at this postcode is RANDALL HOUSE RETIREMENT HOME PARKS LANE: £287,500 (Sold on 22 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average TA24 8BX house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£165,000	£2,146	1
2022	£127,500	£2,161	1
2018	£132,500		1
2017	£125,000	£2,119	1
2016	£141,000	£1,834	1
2012	£130,000	£1,691	1
2011	£97,000		1
2002	£78,500	£1,021	1
2001	£47,000		1
2000	£51,500	£670	1
1996	£36,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£445,000	£2,472	1
2019	£375,000	£3,024	1
2018	£308,000	£3,312	1
2014	£323,000	£2,605	1
2010	£250,000	£2,016	1
2009	£205,000	£2,440	1
2002	£215,000	£1,194	1
1997	£94,000	£1,119	1
1996	£287,500		1

All the Sales in the PARKS LANE, TA24 8BX

See the table below for more details on the sold house prices in the TA24 8BX, Somerset West and Taunton postcode.

Address	Sold Date	Price	% Change
FLAT 1, LAURENCE HOUSE PARKS LANEFlat, LeaseholdArea: 76.87 Sq.mtrAge: 1983-1990	22 Jun 2023	£165,000	17.02%
	11 Jan 2016	£141,000	8.46%
	01 May 2012	£130,000	65.61%
	12 Apr 2002	£78,500	52.43%
	17 Apr 2000	£51,500	First Sale
FLAT 4, LAURENCE HOUSE PARKS LANEFlat, LeaseholdArea: 59 Sq.mtrAge: before 1900	31 Oct 2022	£127,500	2.00%
	21 Sep 2017	£125,000	First Sale
CLEEVE COTTAGE PARKS LANEDetached, FreeholdArea: 180 Sq.mtrAge: before 1900	10 Feb 2021	£445,000	106.98%
	03 Oct 2002	£215,000	First Sale
NORCLIFFE PARKS LANEDetached, FreeholdArea: 124 Sq.mtrAge: 1950-1966	13 May 2019	£375,000	16.10%
	11 Dec 2014	£323,000	29.20%
	05 Mar 2010	£250,000	First Sale
ENGADINA PARKS LANEDetached, FreeholdArea: 93 Sq.mtrAge: 1930-1949	15 Jun 2018	£308,000	First Sale
FLAT 2, LAURENCE HOUSE PARKS LANEFlat, Leasehold	08 Jun 2018	£132,500	36.60%
FLAT 2, LAURENCE HOUSE PARKS LANEFlat, Leasehold	06 May 2011	£97,000	First Sale
HILLCROFT PARKS LANEDetached, FreeholdArea: 84 Sq.mtrAge: 1983-1990	04 Sep 2009	£205,000	118.09%
	09 Sep 1997	£94,000	First Sale
FLAT 3, LAURENCE HOUSE PARKS LANEFlat, Leasehold	21 Jun 2001	£47,000	30.56%
FLAT 3, LAURENCE HOUSE PARKS LANEFlat, Leasehold	29 Mar 1996	£36,000	First Sale
RANDALL HOUSE RETIREMENT HOME PARKS LANEDetached, Freehold	22 Mar 1996	£287,500	First Sale

Check out the sold house prices near the TA24 8BX postcode. Properties currently for saleProperties currently for rent

PARKS LANE, TA24 8BX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TA24 8BX postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the TA24 8BX postcode.

Flat
- The average price is around £107,790 median price is £100,000 Standard Deviation is £56,307 with Total Sold: 1,070
- The Last 5 Year average price is £146,172 with Total Sold: 136
- The most recent sale happened at this postcode is FLAT 17, CLANVILLE CLANVILLE ROAD: £190,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 2, LONDON HOUSE, 23 FRIDAY STREET: £31,500 (Sold on 27 Jan 1995)
Terraced
- The average price is around £141,427 median price is £142,500 Standard Deviation is £75,906 with Total Sold: 717
- The Last 5 Year average price is £236,422 with Total Sold: 92
- The most recent sale happened at this postcode is , 15 THE CEDARS: £230,000 (Sold on 30 Jul 2024)
- The first recorded sale happened at this postcode is , 51 REGENTS WAY: £50,000 (Sold on 29 Jan 1995)
Detached
- The average price is around £256,068 median price is £242,500 Standard Deviation is £137,870 with Total Sold: 677
- The Last 5 Year average price is £418,315 with Total Sold: 96
- The most recent sale happened at this postcode is , 3 THE CEDARS: £435,000 (Sold on 11 Jul 2024)
- The first recorded sale happened at this postcode is , HIGHWOOD CHURCH STREET: £128,000 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £175,932 median price is £171,000 Standard Deviation is £92,519 with Total Sold: 594
- The Last 5 Year average price is £296,114 with Total Sold: 77
- The most recent sale happened at this postcode is , 56 WEST STREET: £265,000 (Sold on 11 Jul 2024)
- The first recorded sale happened at this postcode is , 73 POUNDFIELD ROAD: £58,500 (Sold on 22 Feb 1995)
Other
- The average price is around £249,065 median price is £166,000 Standard Deviation is £280,845 with Total Sold: 61
- The Last 5 Year average price is £287,322 with Total Sold: 22
- The most recent sale happened at this postcode is , 2A BLENHEIM ROAD: £675,000 (Sold on 30 Jun 2023)
- The first recorded sale happened at this postcode is , 12 PARK STREET: £290,000 (Sold on 07 Feb 2014)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£144,917	£2,316	12
2023	£120,921	£2,330	19
2022	£160,539	£2,324	36
2021	£151,496	£2,177	41
2020	£137,579	£1,874	28
2019	£113,429	£1,869	24
2018	£123,074	£1,903	39
2017	£113,443	£1,803	42
2016	£110,646	£1,614	38
2015	£130,564	£2,093	40
2014	£169,759	£2,400	47
2013	£120,148	£1,713	22
2012	£110,533	£1,583	29
2011	£118,070	£1,721	24
2010	£104,612	£1,813	25
2009	£128,286	£1,831	14
2008	£134,274	£2,014	36
2007	£137,294	£2,171	63
2006	£122,607	£1,975	69
2005	£123,321	£1,636	41
2004	£143,226	£1,628	58
2003	£88,868	£1,303	30
2002	£70,715	£1,156	37
2001	£57,343	£945	35
2000	£50,832	£840	48
1999	£41,540	£829	41
1998	£50,350	£895	31
1997	£46,439	£828	33
1996	£43,844	£824	44
1995	£37,822	£691	24

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£276,000	£3,708	9
2023	£262,024	£2,897	21
2022	£243,688	£3,015	12
2021	£224,355	£2,608	32
2020	£203,372	£2,285	18
2019	£181,297	£2,197	15
2018	£180,068	£2,118	22
2017	£220,630	£1,858	15
2016	£182,265	£1,943	23
2015	£176,212	£1,918	21
2014	£179,852	£2,048	21
2013	£162,291	£1,953	17
2012	£135,857	£1,805	14
2011	£186,108	£1,996	18
2010	£154,100	£1,635	13
2009	£161,109	£1,856	16
2008	£160,832	£1,917	17
2007	£178,871	£2,126	47
2006	£171,971	£1,845	40
2005	£144,714	£1,689	28
2004	£140,911	£1,659	36
2003	£118,704	£1,272	30
2002	£94,256	£951	25
2001	£85,500	£966	38
2000	£65,117	£779	24
1999	£58,349	£616	31
1998	£53,480	£604	28
1997	£50,474	£527	41
1996	£51,799	£522	27
1995	£41,778	£534	18

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£420,556	£4,527	9
2023	£524,685	£3,457	19
2022	£440,968	£3,704	17
2021	£386,265	£3,459	33
2020	£342,278	£3,365	18
2019	£352,288	£2,980	12
2018	£361,153	£2,936	29
2017	£320,452	£2,837	22
2016	£312,436	£2,739	25
2015	£273,382	£2,404	19
2014	£288,233	£2,380	29
2013	£225,438	£2,640	17
2012	£263,675	£2,527	14
2011	£270,500	£2,357	11
2010	£281,553	£2,426	19
2009	£274,176	£2,195	20
2008	£306,811	£2,523	18
2007	£328,275	£2,766	20
2006	£298,638	£2,390	33
2005	£251,294	£2,204	24
2004	£246,202	£2,182	21
2003	£232,972	£1,685	29
2002	£197,625	£1,688	24
2001	£182,971	£1,614	36
2000	£126,985	£1,087	23
1999	£120,767	£951	30
1998	£118,062	£848	32
1997	£102,911	£844	28
1996	£92,270	£689	25
1995	£95,810	£815	21

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£291,625	£4,954	4
2023	£284,304	£3,406	13
2022	£338,475	£3,538	20
2021	£283,667	£3,339	30
2020	£265,880	£2,564	10
2019	£242,233	£2,816	15
2018	£236,686	£2,358	14
2017	£251,515	£2,405	13
2016	£214,222	£2,317	20
2015	£204,931	£2,464	21
2014	£241,289	£2,147	18
2013	£208,525	£2,148	16
2012	£199,318	£2,169	14
2011	£193,388	£2,177	16
2010	£213,389	£2,127	19
2009	£202,045	£1,902	11
2008	£248,464	£2,124	14
2007	£209,064	£2,272	23
2006	£192,864	£2,030	33
2005	£186,363	£1,771	19
2004	£173,450	£1,861	28
2003	£155,599	£1,565	27
2002	£108,995	£1,267	22
2001	£110,234	£1,067	32
2000	£87,000	£1,056	18
1999	£80,462	£808	29
1998	£71,795	£650	21
1997	£63,500	£808	28
1996	£62,945	£601	28
1995	£51,883	£755	18

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£293,800	£1,712	5
2022	£254,762	£1,402	8
2021	£137,833	£1,844	6
2020	£662,333	£2,750	3
2019	£195,969	£108	8
2018	£179,607	£1,913	15
2017	£363,530	£2,395	8
2016	£130,359	£306	3
2015	£327,333	£1,210	3
2014	£164,350		2

House Type in TA24 8BX area

The most common house types in the TA24 8BX postcode area are Detached (42), Semi-detached (41), and Flat (37).

Total	156
Detached	42
Semi-detached	41
Flat	37
Shared house	20
converted building	6
Terraced	5
commercial building	5
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (85), and Private rented: Private landlord or letting agency (43).

Owned: Owns outright	85
Private rented: Private landlord or letting agency	43
Owned: Owns with a mortgage or loan	24
Private rented: Other private rented	3
Social rented: Other social rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the TA24 8BX have 1 person in household (66), and 2 people in household (59).

1 person in household	66
2 people in household	59
3 people in household	13
4 people in household	11
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0