FORGE COTTAGE, HATCH BEAUCHAMP, TAUNTON, TA3 6SG - £250,000

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

FORGE COTTAGE is a large extended detached house of 161m², built sometime before 1900. It was last sold for £250,000 in August 2006, which was around 8% below the average August 2006 detached price in the Somerset local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was C.

FORGE COTTAGE Sold Prices

Land registry data shows four sales for FORGE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Most of the four FORGE 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
2006 4 AUG	£250,000	£272,610	8% below HPI
2002 6 DEC	£270,000	£205,048	32% above HPI
2001 7 DEC	£190,000	£162,037	17% above HPI
2000 28 JUL	£165,000	£136,441	21% above HPI

FORGE 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 four FORGE COTTAGE sales between July 2000 and August 2006 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 2002 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2006 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 161m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses in Hatch Beauchamp, based on EPC data. The below chart shows the distribution of detached houses by size in Hatch Beauchamp, and where FORGE COTTAGE lies on this distribution: 78% of detached houses are smaller than FORGE COTTAGE, and 22% of houses are larger. Note that EPC data is not available for all properties in Hatch Beauchamp.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of FORGE 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 FORGE 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 FORGE COTTAGE?

FORGE COTTAGE is located in HATCH BEAUCHAMP, in the TA3 postcode district. The below map shows the position of FORGE COTTAGE in HATCH BEAUCHAMP.