CARPENTERS COTTAGE, RYE LANE, OTHERY, BRIDGWATER, TA7 0PT - £420,000

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

CARPENTERS COTTAGE is a small extended detached house of 114m², built sometime before 1900. It was last sold for £420,000 in August 2022, which was around 6% below the average August 2022 detached price in the Somerset local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

CARPENTERS COTTAGE Sold Prices

Land registry data shows two sales for CARPENTERS 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 CARPENTERS 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
2022 8 AUG	£420,000	£447,452	6% below HPI
2010 23 JUL	£207,500	£273,917	24% below HPI

CARPENTERS 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 CARPENTERS COTTAGE sales from July 2010 and August 2022 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 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is CARPENTERS COTTAGE?

CARPENTERS COTTAGE is 114m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses in Othery, based on EPC data. The below chart shows the distribution of detached houses by size in Othery, and where CARPENTERS COTTAGE lies on this distribution: 29% of detached houses are smaller than CARPENTERS COTTAGE, and 70% of houses are larger. Note that EPC data is not available for all properties in Othery.

CARPENTERS COTTAGE: Plot and Title Map

CARPENTERS COTTAGE sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of CARPENTERS 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 CARPENTERS 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 CARPENTERS COTTAGE?

CARPENTERS COTTAGE is located on RYE LANE in OTHERY, in the TA7 postcode district. The below map shows the position of CARPENTERS COTTAGE on RYE LANE.