5, COLESMORE, MILVERTON, TAUNTON, TA4 1HU - £440,000

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.

5 COLESMORE is a large detached house of 167m², built sometime between 1991 and 1995, which could now be worth an estimated £506,326. It was last sold for £440,000 in December 2020, which was around 10% above the average December 2020 detached price in the Somerset local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

5 COLESMORE Sold Prices

Land registry data shows two sales for 5 COLESMORE 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 5 COLESMORE sales were for above 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
2020 11 DEC	£440,000	£400,115	10% above HPI
1996 15 AUG	£138,500	£89,081	55% above HPI

5 COLESMORE 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 5 COLESMORE sales from August 1996 and December 2020 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 August 1996 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the December 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 5 COLESMORE be worth now?

5 COLESMORE might now be worth an estimated £506,326.

This is based on house price inflation of 15.1%, between December 2020 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 15.1% inflationary increase is applied to the most recent sale price for 5 COLESMORE of £440,000 on 11th December 2020. For the value to have increased from £440,000 to £506,326 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 COLESMORE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2020 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 5 COLESMORE has not materially changed since December 2020.

How Large is 5 COLESMORE?

5 COLESMORE is 167m² according to the EPC inspection conducted in March 2020. This puts it in the largest 30% of detached houses houses in Milverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milverton, and where 5 COLESMORE lies on this distribution: 78% of detached houses houses are smaller than 5 COLESMORE, and 23% of houses are larger. Note that EPC data is not available for all properties in Milverton.

5 COLESMORE: Plot and Title Map

5 COLESMORE sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of 5 COLESMORE, 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 5 COLESMORE). 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 5 COLESMORE?

5 COLESMORE is located in MILVERTON, in the TA4 postcode district. The below map shows the position of No. 5 on COLESMORE.