CRANFORD, BROADWAY, ILMINSTER, TA19 9RB - £355,000

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

CRANFORD is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £355,000 in December 2020, which was around 8% below the average December 2020 detached price in the Somerset local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

CRANFORD Sold Prices

Land registry data shows three sales for CRANFORD 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. All of the three CRANFORD 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
2020 18 DEC	£355,000	£387,898	8% below HPI
2011 2 DEC	£240,000	£271,637	12% below HPI
2000 18 DEC	£129,750	£140,640	8% below HPI

CRANFORD 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 CRANFORD sales between December 2000 and December 2020 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 December 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is CRANFORD?

CRANFORD is 86m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of detached houses in Broadway, based on EPC data. The below chart shows the distribution of detached houses by size in Broadway, and where CRANFORD lies on this distribution: 11% of detached houses are smaller than CRANFORD, and 89% of houses are larger. Note that EPC data is not available for all properties in Broadway.

CRANFORD: Plot and Title Map

CRANFORD sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of CRANFORD, 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 CRANFORD). 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 CRANFORD?

CRANFORD is located in BROADWAY, in the TA19 postcode district. The below map shows the position of CRANFORD in BROADWAY.