BEACON COTTAGE, DRAY ROAD, HIGHER ODCOMBE, YEOVIL, BA22 8UG - £190,000

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.

BEACON COTTAGE is a very small extended detached house of 71m², built sometime before 1900, which could now be worth an estimated £287,319. It was last sold for £190,000 in March 2015, which was around 38% below the average March 2015 detached price in the Somerset local authority area. The most recent EPC inspection was April 2012, where the current energy rating was F, and the potential energy rating was E.

BEACON COTTAGE Sold Prices

Land registry data shows two sales for BEACON COTTAGE 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 BEACON COTTAGE 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
2015 18 MAR	£190,000	£304,475	38% below HPI
2013 15 NOV	£180,000	£287,673	37% below HPI

BEACON COTTAGE 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 BEACON COTTAGE sales from November 2013 and March 2015 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 November 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2015 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might BEACON COTTAGE be worth now?

BEACON COTTAGE might now be worth an estimated £287,319.

This is based on house price inflation of 51.2%, between March 2015 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 51.2% inflationary increase is applied to the most recent sale price for BEACON COTTAGE of £190,000 on 18th March 2015. For the value to have increased from £190,000 to £287,319 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of BEACON COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The March 2015 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of BEACON COTTAGE has not materially changed since March 2015.

How Large is BEACON COTTAGE?

BEACON COTTAGE is 71m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses houses in Odcombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Odcombe, and where BEACON COTTAGE lies on this distribution: 2% of detached houses houses are smaller than BEACON COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Odcombe.

BEACON COTTAGE: Plot and Title Map

BEACON COTTAGE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of BEACON COTTAGE, 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 BEACON COTTAGE). 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 BEACON COTTAGE?

BEACON COTTAGE is located on DRAY ROAD in HIGHER ODCOMBE, in the BA22 postcode district. The below map shows the position of BEACON COTTAGE on DRAY ROAD.