CHANDOS, WOOD STREET, MILVERTON, TAUNTON, TA4 1QU - £247,500

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.

CHANDOS is a very small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £376,180. It was last sold for £247,500 in August 2014, which was around 18% below the average August 2014 detached price in the Somerset local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

CHANDOS Sold Prices

Land registry data shows two sales for CHANDOS 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 CHANDOS 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
2014 13 AUG	£247,500	£302,930	18% below HPI
2000 24 NOV	£112,500	£147,028	23% below HPI

CHANDOS 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 CHANDOS sales from November 2000 and August 2014 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 2000 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might CHANDOS be worth now?

CHANDOS might now be worth an estimated £376,180.

This is based on house price inflation of 52%, between August 2014 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 52% inflationary increase is applied to the most recent sale price for CHANDOS of £247,500 on 13th August 2014. For the value to have increased from £247,500 to £376,180 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of CHANDOS has moved in line with the HPI for detached houses in the Somerset local authority area.
• The August 2014 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of CHANDOS has not materially changed since August 2014.

How Large is CHANDOS?

CHANDOS is 75m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% 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 CHANDOS lies on this distribution: 4% of detached houses houses are smaller than CHANDOS, and 96% of houses are larger. Note that EPC data is not available for all properties in Milverton.

CHANDOS: Plot and Title Map

CHANDOS sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of CHANDOS, 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 CHANDOS). 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 CHANDOS?

CHANDOS is located on WOOD STREET in MILVERTON, in the TA4 postcode district. The below map shows the position of CHANDOS on WOOD STREET.