FOSSIL COTTAGE, HIGHER GUNVILLE, MILBORNE PORT, SHERBORNE, DT9 5AW - £90,000

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

FOSSIL COTTAGE is a very small detached house of 47m², built sometime before 1900, which could now be worth an estimated £143,098. It was last sold for £90,000 in October 2013, which was around 69% below the average October 2013 detached price in the Somerset local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was B.

FOSSIL COTTAGE Sold Prices

Land registry data shows three sales for FOSSIL 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 FOSSIL 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
2013 29 OCT	£90,000	£287,989	69% below HPI
2003 10 JAN	£67,500	£214,002	68% below HPI
1999 21 MAY	£37,500	£110,688	66% below HPI

FOSSIL 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 FOSSIL COTTAGE sales between May 1999 and October 2013 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 2003 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the October 2013 sale, where it falls to 69% below the HPI. The line then continues to track at 69% below the HPI.

What might FOSSIL COTTAGE be worth now?

FOSSIL COTTAGE might now be worth an estimated £143,098.

This is based on house price inflation of 59%, between October 2013 and December 2024, 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 59% inflationary increase is applied to the most recent sale price for FOSSIL COTTAGE of £90,000 on 29th October 2013. For the value to have increased from £90,000 to £143,098 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of FOSSIL COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The October 2013 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of FOSSIL COTTAGE has not materially changed since October 2013.

How Large is FOSSIL COTTAGE?

FOSSIL COTTAGE is 47m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses houses in Milborne Port, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milborne Port, and where FOSSIL COTTAGE lies on this distribution: 1% of detached houses houses are smaller than FOSSIL COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Milborne Port.

FOSSIL COTTAGE: Plot and Title Map

FOSSIL COTTAGE sits on a plot of roughly 0.014 of an acre, or 57m². The below map shows the location of FOSSIL 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 FOSSIL 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 FOSSIL COTTAGE?

FOSSIL COTTAGE is located on HIGHER GUNVILLE in MILBORNE PORT, in the DT9 postcode district. The below map shows the position of FOSSIL COTTAGE on HIGHER GUNVILLE.