Feb 07, 2023 by HM

House prices in Larkhall (BA1 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Larkhall (BA1 6).

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Price per square metre

Knowing the average house price in Larkhall is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 2, Garfield Terrace, Larkhall, Bath, sold for £665,000 on Aug-2023. Given the internal area of 113 square metres, the price per sqm is £5,884.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 160 sales in Larkhall (BA1 6) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Larkhall (BA1 6). Of the 160 transactions, half were sold for between £4,220 and £5,740 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,740m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BA1 6' is £5,000. The table below shows how 'BA1 6' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BA1 7 Batheaston	£3,940m2	£4,740m2	£5,630m2
BA1 2 Bath	£4,650m2	£5,640m2	£6,710m2
BA1 5 Lansdown	£4,810m2	£5,750m2	£7,090m2
BA1 6 Larkhall	£4,220m2	£5,000m2	£5,740m2
BA1 8 Upper Swainswick	£4,690m2	£5,360m2	£5,720m2
BA1 3 Lower Weston	£4,210m2	£4,880m2	£5,460m2
BA1 1 Bath	£4,470m2	£5,240m2	£6,450m2
BA1 4 Weston	£4,070m2	£4,720m2	£5,310m2
BA1 9 Lansdown	£4,940m2	£5,320m2	£5,850m2

Will Larkhall house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for BA1 6 (Larkhall). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BA1 6 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Larkhall and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Larkhall data or any other data I am given.

Price map for Larkhall

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Larkhall. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

House price heatmap for Larkhall

Street level data

Street	Avg size	Avg £/m2	Recent sales
Marshfield Way, Larkhall, BA1 6H	95m2	£4,162	18
Bay Tree Road, Larkhall, BA1 6N	94m2	£4,554	16
Hampton View, Larkhall, BA1 6J	72m2	£4,983	12
Tyning Terrace, Larkhall, BA1 6E	80m2	£4,335	11
Hill View Road, Larkhall, BA1 6N	80m2	£4,818	11
Queenwood Avenue, Larkhall, BA1 6E	93m2	£4,845	11
Grosvenor Bridge Road, Larkhall, BA1 6B	82m2	£3,771	10
Chilton Road, Larkhall, BA1 6D	109m2	£5,032	9

Search for your street here.

Raw data

Our analysis of Larkhall is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	m2	£/m2
2, Garfield Terrace, Larkhall, Bath	£665,000 Aug-2023	113	5,884
Flat 35 Easton House, Grosvenor Bridge Rd, Larkhall, Bath	£290,000 Aug-2023	74	3,918
10, Hanover Terrace, Larkhall, Bath	£440,000 Aug-2023	78	5,641

See the entire list of all sales in Larkhall (BA1 6) here.