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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BEACON COTTAGE is a very small extended detached house of 71m², built sometime before 1900. It was last sold for £190,000 in March 2015, which was around 36% 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	£295,179	36% below HPI
2013 15 NOV	£180,000	£278,890	35% 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

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 in Odcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Odcombe, and where BEACON COTTAGE lies on this distribution: 2% of detached 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.