CHERRYTREE COTTAGE, CHURCH STREET, MERRIOTT, TA16 5PR - £517,500

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

CHERRYTREE COTTAGE is a very large extended detached house of 183m², built sometime between 1950 and 1966. It was last sold for £517,500 in August 2023, which was around 17% above the average August 2023 detached price in the Somerset local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

CHERRYTREE COTTAGE Sold Prices

Land registry data shows two sales for CHERRYTREE 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. One of the two CHERRYTREE COTTAGE sales was for above the average price, whilst the other 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
2023 25 AUG	£517,500	£443,670	17% above HPI
2015 27 FEB	£225,000	£294,186	24% below HPI

CHERRYTREE 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 CHERRYTREE COTTAGE sales from February 2015 and August 2023 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 February 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2023 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is CHERRYTREE COTTAGE?

CHERRYTREE COTTAGE is 183m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses in Merriott, based on EPC data. The below chart shows the distribution of detached houses by size in Merriott, and where CHERRYTREE COTTAGE lies on this distribution: 88% of detached houses are smaller than CHERRYTREE COTTAGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Merriott.

CHERRYTREE COTTAGE: Plot and Title Map

CHERRYTREE COTTAGE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of CHERRYTREE 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 CHERRYTREE 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 CHERRYTREE COTTAGE?

CHERRYTREE COTTAGE is located on CHURCH STREET in MERRIOTT, in the TA16 postcode district. The below map shows the position of CHERRYTREE COTTAGE on CHURCH STREET.