JASMINE COTTAGE, SAND STREET, MILVERTON, TAUNTON, TA4 1JN - £269,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

JASMINE COTTAGE is a very small detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £311,368. It was last sold for £269,500 in June 2021, which was around 32% below the average June 2021 detached price in the Somerset local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

JASMINE COTTAGE Sold Prices

Land registry data shows two sales for JASMINE COTTAGE 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. Both of the two JASMINE 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
2021 23 JUN	£269,500	£398,518	32% below HPI
1997 18 APR	£66,000	£93,719	30% below HPI

JASMINE 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 two JASMINE COTTAGE sales from April 1997 and June 2021 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 April 1997 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might JASMINE COTTAGE be worth now?

JASMINE COTTAGE might now be worth an estimated £311,368.

This is based on house price inflation of 15.5%, between June 2021 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 15.5% inflationary increase is applied to the most recent sale price for JASMINE COTTAGE of £269,500 on 23rd June 2021. For the value to have increased from £269,500 to £311,368 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of JASMINE COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2021 sale price of £269,500 represented a fair market value for the property.
• The size, condition, and specification of JASMINE COTTAGE has not materially changed since June 2021.

How Large is JASMINE COTTAGE?

JASMINE COTTAGE is 91m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses houses in Milverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milverton, and where JASMINE COTTAGE lies on this distribution: 16% of detached houses houses are smaller than JASMINE COTTAGE, and 81% of houses are larger. Note that EPC data is not available for all properties in Milverton.

JASMINE COTTAGE: Plot and Title Map

JASMINE COTTAGE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of JASMINE 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 JASMINE 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 JASMINE COTTAGE?

JASMINE COTTAGE is located on SAND STREET in MILVERTON, in the TA4 postcode district. The below map shows the position of JASMINE COTTAGE on SAND STREET.