2, SHEPPEY RACE COTTAGES, LONG STREET, CROSCOMBE, WELLS, BA5 3QL - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SHEPPEY RACE COTTAGES is a very small semi-detached house of 85m², built sometime between 2003 and 2006, which could now be worth an estimated £227,438. It was last sold for £220,000 in November 2023, which was around 21% below the average November 2023 semi-detached price in the Somerset local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

2 SHEPPEY RACE COTTAGES Sold Prices

Land registry data shows two sales for 2 SHEPPEY RACE COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. Both of the two 2 SHEPPEY RACE 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
2023 8 NOV	£220,000	£280,008	21% below HPI
2014 5 DEC	£170,000	£183,397	7% below HPI

2 SHEPPEY RACE COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Somerset local authority area over time, sourced from the HPI. The two 2 SHEPPEY RACE COTTAGES sales from December 2014 and November 2023 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 December 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 SHEPPEY RACE COTTAGES be worth now?

2 SHEPPEY RACE COTTAGES might now be worth an estimated £227,438.

This is based on house price inflation of 3.4%, between November 2023 and February 2025, for semi-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 3.4% inflationary increase is applied to the most recent sale price for 2 SHEPPEY RACE COTTAGES of £220,000 on 8th November 2023. For the value to have increased from £220,000 to £227,438 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 SHEPPEY RACE COTTAGES has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The November 2023 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHEPPEY RACE COTTAGES has not materially changed since November 2023.

How Large is 2 SHEPPEY RACE COTTAGES?

2 SHEPPEY RACE COTTAGES is 85m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of semi-detached houses houses in Croscombe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Croscombe, and where 2 SHEPPEY RACE COTTAGES lies on this distribution: 11% of semi-detached houses houses are smaller than 2 SHEPPEY RACE COTTAGES, and 87% of houses are larger. Note that EPC data is not available for all properties in Croscombe.

2 SHEPPEY RACE COTTAGES: Plot and Title Map

2 SHEPPEY RACE COTTAGES sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 2 SHEPPEY RACE 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 SHEPPEY RACE 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 SHEPPEY RACE COTTAGES?

2 SHEPPEY RACE COTTAGES is located on LONG STREET in CROSCOMBE, in the BA5 postcode district. The below map shows the position of 2 SHEPPEY RACE COTTAGES on LONG STREET.