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

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

FORGE COTTAGE is a large extended detached house of 161m², built sometime before 1900, which could now be worth an estimated £409,349. It was last sold for £250,000 in August 2006, which was around 11% 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	£281,196	11% below HPI
2002 6 DEC	£270,000	£211,505	28% above HPI
2001 7 DEC	£190,000	£167,140	14% above HPI
2000 28 JUL	£165,000	£140,738	17% 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 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2006 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might FORGE COTTAGE be worth now?

FORGE COTTAGE might now be worth an estimated £409,349.

This is based on house price inflation of 63.7%, between August 2006 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 63.7% inflationary increase is applied to the most recent sale price for FORGE COTTAGE of £250,000 on 4th August 2006. For the value to have increased from £250,000 to £409,349 over the nineteen years and six months to February 2025, the following assumptions must hold true:

• The value of FORGE COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The August 2006 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of FORGE COTTAGE has not materially changed since August 2006.

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 houses in Hatch Beauchamp, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatch Beauchamp, and where FORGE COTTAGE lies on this distribution: 79% of detached houses houses are smaller than FORGE COTTAGE, and 21% 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.