GLOVE COTTAGE, BROADWAY, ILMINSTER, TA19 9RE - £675,000

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

GLOVE COTTAGE is a very large extended detached house of 188m², built sometime before 1900. It was last sold for £675,000 in November 2022, which was around 47% above the average November 2022 detached price in the Somerset local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

GLOVE COTTAGE Sold Prices

Land registry data shows three sales for GLOVE 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. Two of the three GLOVE COTTAGE sales were for above the average price, whilst one was 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
2022 30 NOV	£675,000	£459,521	47% above HPI
2006 10 NOV	£245,000	£277,741	12% below HPI
1999 12 AUG	£123,500	£114,801	8% above HPI

GLOVE 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 GLOVE COTTAGE sales between August 1999 and November 2022 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 November 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2022 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is GLOVE COTTAGE?

GLOVE COTTAGE is 188m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses in Broadway, based on EPC data. The below chart shows the distribution of detached houses by size in Broadway, and where GLOVE COTTAGE lies on this distribution: 83% of detached houses are smaller than GLOVE COTTAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Broadway.

GLOVE COTTAGE: Plot and Title Map

GLOVE COTTAGE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of GLOVE 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 GLOVE 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 GLOVE COTTAGE?

GLOVE COTTAGE is located in BROADWAY, in the TA19 postcode district. The below map shows the position of GLOVE COTTAGE in BROADWAY.