ELM TREE COTTAGE, SHAVE LANE, HORTON, ILMINSTER, TA19 9QP - £435,000

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.

ELM TREE COTTAGE is a large extended detached house of 173m², built sometime before 1900, which could now be worth an estimated £647,760. It was last sold for £435,000 in June 2015, which was around 41% above the average June 2015 detached price in the Somerset local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was A.

ELM TREE COTTAGE Sold Prices

Land registry data shows two sales for ELM TREE 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. Both of the two ELM TREE COTTAGE sales were for above 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	£435,000	£309,199	41% above HPI
2007 31 MAY	£335,000	£297,088	13% above HPI

ELM 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 two ELM TREE COTTAGE sales from May 2007 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 May 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2015 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might ELM TREE COTTAGE be worth now?

ELM TREE COTTAGE might now be worth an estimated £647,760.

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 ELM TREE COTTAGE of £435,000 on 4th June 2015. For the value to have increased from £435,000 to £647,760 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of ELM TREE COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2015 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of ELM TREE COTTAGE has not materially changed since June 2015.

How Large is ELM TREE COTTAGE?

ELM TREE COTTAGE is 173m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 30% of detached houses houses in Horton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horton, and where ELM TREE COTTAGE lies on this distribution: 79% of detached houses houses are smaller than ELM TREE COTTAGE, and 21% of houses are larger. Note that EPC data is not available for all properties in Horton.

ELM TREE COTTAGE: Plot and Title Map

ELM TREE COTTAGE sits on a plot of roughly 0.281 of an acre, or 1,137m². The below map shows the location of ELM 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 ELM 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 ELM TREE COTTAGE?

ELM TREE COTTAGE is located on SHAVE LANE in HORTON, in the TA19 postcode district. The below map shows the position of ELM TREE COTTAGE on SHAVE LANE.