2, SUGGS LANE, BROADWAY, ILMINSTER, TA19 9RJ - £280,000

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 SUGGS LANE is a small detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £380,297. It was last sold for £280,000 in October 2016, which was around 17% below the average October 2016 detached price in the Somerset local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

2 SUGGS LANE Sold Prices

Land registry data shows two sales for 2 SUGGS LANE 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 SUGGS LANE 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 4 OCT	£280,000	£337,133	17% below HPI
2002 8 FEB	£126,100	£167,277	25% below HPI

2 SUGGS LANE 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 SUGGS LANE sales from February 2002 and October 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 February 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 SUGGS LANE be worth now?

2 SUGGS LANE might now be worth an estimated £380,297.

This is based on house price inflation of 35.8%, between October 2016 and December 2024, 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 35.8% inflationary increase is applied to the most recent sale price for 2 SUGGS LANE of £280,000 on 4th October 2016. For the value to have increased from £280,000 to £380,297 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 SUGGS LANE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The October 2016 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SUGGS LANE has not materially changed since October 2016.

How Large is 2 SUGGS LANE?

2 SUGGS LANE is 99m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses houses in Broadway, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broadway, and where 2 SUGGS LANE lies on this distribution: 27% of detached houses houses are smaller than 2 SUGGS LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Broadway.

2 SUGGS LANE: Plot and Title Map

2 SUGGS LANE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 2 SUGGS LANE, 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 SUGGS LANE). 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 SUGGS LANE?

2 SUGGS LANE is located in BROADWAY, in the TA19 postcode district. The below map shows the position of No. 2 on SUGGS LANE.