ARCHERY CLOSE, BUTTS WAY, MILVERTON, TAUNTON, TA4 1LY - £350,000

ARCHERY CLOSE is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £350,000 in February 2023, which was around 23% below the average February 2023 detached price in the Somerset local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

ARCHERY CLOSE Sold Prices

Land registry data shows five sales for ARCHERY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the five ARCHERY CLOSE 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 1 FEB	£350,000	£452,939	23% below HPI
2011 22 JUL	£220,000	£272,079	19% below HPI
2005 16 MAY	£213,000	£253,066	16% below HPI
2001 9 JUL	£113,500	£151,039	25% below HPI
1997 24 NOV	£85,000	£97,263	13% below HPI

ARCHERY CLOSE 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 five ARCHERY CLOSE sales between November 1997 and February 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 July 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is ARCHERY CLOSE?

ARCHERY CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Milverton, based on EPC data. The below chart shows the distribution of detached houses by size in Milverton, and where ARCHERY CLOSE lies on this distribution: 9% of detached houses are smaller than ARCHERY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Milverton.

ARCHERY CLOSE: Plot and Title Map

ARCHERY CLOSE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of ARCHERY CLOSE, 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 ARCHERY CLOSE). 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 ARCHERY CLOSE?

ARCHERY CLOSE is located on BUTTS WAY in MILVERTON, in the TA4 postcode district. The below map shows the position of ARCHERY CLOSE on BUTTS WAY.