GREEN ACRE, ROD LANE, ILTON, ILMINSTER, TA19 9ET - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

GREEN ACRE is a very large extended detached house of 224m², built sometime between 1950 and 1966. It was last sold for £325,000 in October 2018, which was around 10% below the average October 2018 detached price in the Somerset local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

GREEN ACRE Sold Prices

Land registry data shows two sales for GREEN ACRE 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 GREEN ACRE 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
2018 23 OCT	£325,000	£360,682	10% below HPI
2007 14 NOV	£525,000	£298,845	76% above HPI

GREEN ACRE 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 GREEN ACRE sales from November 2007 and October 2018 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 2007 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the October 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is GREEN ACRE?

GREEN ACRE is 224m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Ilton, based on EPC data. The below chart shows the distribution of detached houses by size in Ilton, and where GREEN ACRE lies on this distribution: 97% of detached houses are smaller than GREEN ACRE, and 3% of houses are larger. Note that EPC data is not available for all properties in Ilton.

GREEN ACRE: Plot and Title Map

GREEN ACRE sits on a plot of roughly 0.463 of an acre, or 1,873m². The below map shows the location of GREEN ACRE, 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 GREEN ACRE). 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 GREEN ACRE?

GREEN ACRE is located on ROD LANE in ILTON, in the TA19 postcode district. The below map shows the position of GREEN ACRE on ROD LANE.