KIRAZLI, TURNPIKE, MILVERTON, TAUNTON, TA4 1LF - £267,500

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.

KIRAZLI is a small detached house of 103m², built sometime before 1900, which could now be worth an estimated £276,228. It was last sold for £267,500 in May 2022, which was around 40% below the average May 2022 detached price in the Somerset local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

KIRAZLI Sold Prices

Land registry data shows three sales for KIRAZLI 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 KIRAZLI 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
2022 26 MAY	£267,500	£445,880	40% below HPI
2021 11 JAN	£195,000	£400,014	51% below HPI
2005 27 MAY	£155,000	£261,036	41% below HPI

KIRAZLI 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 KIRAZLI sales between May 2005 and May 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 January 2021 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the May 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might KIRAZLI be worth now?

KIRAZLI might now be worth an estimated £276,228.

This is based on house price inflation of 3.3%, between May 2022 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 3.3% inflationary increase is applied to the most recent sale price for KIRAZLI of £267,500 on 26th May 2022. For the value to have increased from £267,500 to £276,228 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of KIRAZLI has moved in line with the HPI for detached houses in the Somerset local authority area.
• The May 2022 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of KIRAZLI has not materially changed since May 2022.

How Large is KIRAZLI?

KIRAZLI is 103m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% 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 KIRAZLI lies on this distribution: 31% of detached houses houses are smaller than KIRAZLI, and 68% of houses are larger. Note that EPC data is not available for all properties in Milverton.

KIRAZLI: Plot and Title Map

KIRAZLI sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of KIRAZLI, 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 KIRAZLI). 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 KIRAZLI?

KIRAZLI is located on TURNPIKE in MILVERTON, in the TA4 postcode district. The below map shows the position of KIRAZLI on TURNPIKE.