ENIGMA, BUTTS WAY, MILVERTON, TAUNTON, TA4 1LY - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

ENIGMA is a large detached house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £413,972. It was last sold for £295,000 in June 2016, which was around 10% below the average June 2016 detached price in the Somerset local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

ENIGMA Sold Prices

Land registry data shows two sales for ENIGMA 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 ENIGMA sales was for below the average price, whilst the other was 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
2016 24 JUN	£295,000	£328,106	10% below HPI
2004 22 JAN	£290,000	£239,008	21% above HPI

ENIGMA 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 ENIGMA sales from January 2004 and June 2016 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 2004 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might ENIGMA be worth now?

ENIGMA might now be worth an estimated £413,972.

This is based on house price inflation of 40.3%, between June 2016 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 40.3% inflationary increase is applied to the most recent sale price for ENIGMA of £295,000 on 24th June 2016. For the value to have increased from £295,000 to £413,972 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of ENIGMA has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2016 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of ENIGMA has not materially changed since June 2016.

How Large is ENIGMA?

ENIGMA is 150m² according to the EPC inspection conducted in November 2014. This puts it in the largest 30% of detached houses houses in Milverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milverton, and where ENIGMA lies on this distribution: 71% of detached houses houses are smaller than ENIGMA, and 29% of houses are larger. Note that EPC data is not available for all properties in Milverton.

ENIGMA: Plot and Title Map

ENIGMA sits on a plot of roughly 0.293 of an acre, or 1,185m². The below map shows the location of ENIGMA, 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 ENIGMA). 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 ENIGMA?

ENIGMA is located on BUTTS WAY in MILVERTON, in the TA4 postcode district. The below map shows the position of ENIGMA on BUTTS WAY.