CHERRY TREE COTTAGE, BLUE ANCHOR, MINEHEAD, TA24 6LB - £475,000

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

CHERRY TREE COTTAGE is a large extended detached house of 174m², built sometime between 1900 and 1929. It was last sold for £475,000 in November 2021, which was around 16% above the average November 2021 detached price in the Somerset local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

CHERRY TREE COTTAGE Sold Prices

Land registry data shows three sales for CHERRY TREE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Two of the three CHERRY TREE COTTAGE sales were for above the average price, whilst one was 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
2021 22 NOV	£475,000	£408,219	16% above HPI
2008 17 JAN	£455,000	£299,435	52% above HPI
1995 6 JUN	£75,000	£84,667	11% below HPI

CHERRY TREE 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 three CHERRY TREE COTTAGE sales between June 1995 and November 2021 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 January 2008 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the November 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is CHERRY TREE COTTAGE?

CHERRY TREE COTTAGE is 174m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 30% of detached houses in Blue Anchor, based on EPC data. The below chart shows the distribution of detached houses by size in Blue Anchor, and where CHERRY TREE COTTAGE lies on this distribution: 71% of detached houses are smaller than CHERRY TREE COTTAGE, and 29% of houses are larger. Note that EPC data is not available for all properties in Blue Anchor.

CHERRY TREE COTTAGE: Plot and Title Map

CHERRY TREE COTTAGE sits on a plot of roughly 0.219 of an acre, or 888m². The below map shows the location of CHERRY TREE 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 CHERRY TREE 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 CHERRY TREE COTTAGE?

CHERRY TREE COTTAGE is located in BLUE ANCHOR, in the TA24 postcode district. The below map shows the position of CHERRY TREE COTTAGE in BLUE ANCHOR.