2, OAKE BRIDGE FARM COTTAGES, OAKE, TAUNTON, TA4 1AY - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 OAKE BRIDGE FARM COTTAGES is a small extended detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £332,987. It was last sold for £245,000 in November 2016, which was around 28% below the average November 2016 detached price in the Somerset local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

2 OAKE BRIDGE FARM COTTAGES Sold Prices

Land registry data shows two sales for 2 OAKE BRIDGE FARM COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 2 OAKE BRIDGE FARM COTTAGES sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 30 NOV	£245,000	£338,767	28% below HPI
2000 11 SEP	£115,500	£145,130	20% below HPI

2 OAKE BRIDGE FARM COTTAGES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 2 OAKE BRIDGE FARM COTTAGES sales from September 2000 and November 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 OAKE BRIDGE FARM COTTAGES be worth now?

2 OAKE BRIDGE FARM COTTAGES might now be worth an estimated £332,987.

This is based on house price inflation of 35.9%, between November 2016 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.9% inflationary increase is applied to the most recent sale price for 2 OAKE BRIDGE FARM COTTAGES of £245,000 on 30th November 2016. For the value to have increased from £245,000 to £332,987 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 OAKE BRIDGE FARM COTTAGES has moved in line with the HPI for detached houses in the Somerset local authority area.
• The November 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKE BRIDGE FARM COTTAGES has not materially changed since November 2016.

How Large is 2 OAKE BRIDGE FARM COTTAGES?

2 OAKE BRIDGE FARM COTTAGES is 91m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses houses in Oake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oake, and where 2 OAKE BRIDGE FARM COTTAGES lies on this distribution: 26% of detached houses houses are smaller than 2 OAKE BRIDGE FARM COTTAGES, and 74% of houses are larger. Note that EPC data is not available for all properties in Oake.

2 OAKE BRIDGE FARM COTTAGES: Plot and Title Map

2 OAKE BRIDGE FARM COTTAGES sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 2 OAKE BRIDGE FARM COTTAGES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 OAKE BRIDGE FARM COTTAGES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 OAKE BRIDGE FARM COTTAGES?

2 OAKE BRIDGE FARM COTTAGES is located in OAKE, in the TA4 postcode district. The below map shows the position of No. 2 on OAKE BRIDGE FARM COTTAGES.