DEAN COTTAGE, ZION HILL, OAKHILL, RADSTOCK, BA3 5AN - £240,000

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.

DEAN COTTAGE is a very small extended detached house of 82m², built sometime before 1900, which could now be worth an estimated £357,385. It was last sold for £240,000 in June 2015, which was around 22% below the average June 2015 detached price in the Somerset local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

DEAN COTTAGE Sold Prices

Land registry data shows three sales for DEAN 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. All of the three DEAN 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
2015 4 JUN	£240,000	£309,199	22% below HPI
2012 10 AUG	£205,000	£279,895	27% below HPI
2005 6 OCT	£168,000	£265,974	37% below HPI

DEAN 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 DEAN COTTAGE sales between October 2005 and June 2015 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 August 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might DEAN COTTAGE be worth now?

DEAN COTTAGE might now be worth an estimated £357,385.

This is based on house price inflation of 48.9%, between June 2015 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 48.9% inflationary increase is applied to the most recent sale price for DEAN COTTAGE of £240,000 on 4th June 2015. For the value to have increased from £240,000 to £357,385 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of DEAN COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of DEAN COTTAGE has not materially changed since June 2015.

How Large is DEAN COTTAGE?

DEAN COTTAGE is 82m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses houses in Oakhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakhill, and where DEAN COTTAGE lies on this distribution: 9% of detached houses houses are smaller than DEAN COTTAGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Oakhill.

DEAN COTTAGE: Plot and Title Map

DEAN COTTAGE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of DEAN 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 DEAN 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 DEAN COTTAGE?

DEAN COTTAGE is located on ZION HILL in OAKHILL, in the BA3 postcode district. The below map shows the position of DEAN COTTAGE on ZION HILL.