LABURNUM COTTAGE, DOWLISH WAKE, ILMINSTER, TA19 0NZ - £370,000

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

LABURNUM COTTAGE is a small extended detached house of 105m², built sometime before 1900, which could now be worth an estimated £426,101. It was last sold for £370,000 in February 2021, which was around 7% below the average February 2021 detached price in the Somerset local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was B.

LABURNUM COTTAGE Sold Prices

Land registry data shows two sales for LABURNUM 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 LABURNUM 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 2 FEB	£370,000	£399,808	7% below HPI
2015 30 APR	£270,000	£303,983	11% below HPI

LABURNUM 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 LABURNUM COTTAGE sales from April 2015 and February 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 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might LABURNUM COTTAGE be worth now?

LABURNUM COTTAGE might now be worth an estimated £426,101.

This is based on house price inflation of 15.2%, between February 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 15.2% inflationary increase is applied to the most recent sale price for LABURNUM COTTAGE of £370,000 on 2nd February 2021. For the value to have increased from £370,000 to £426,101 over the four years to February 2025, the following assumptions must hold true:

• The value of LABURNUM COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of LABURNUM COTTAGE has not materially changed since February 2021.

How Large is LABURNUM COTTAGE?

LABURNUM COTTAGE is 105m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses houses in Dowlish Wake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dowlish Wake, and where LABURNUM COTTAGE lies on this distribution: 25% of detached houses houses are smaller than LABURNUM COTTAGE, and 75% of houses are larger. Note that EPC data is not available for all properties in Dowlish Wake.

LABURNUM COTTAGE: Plot and Title Map

LABURNUM COTTAGE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of LABURNUM 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 LABURNUM 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 LABURNUM COTTAGE?

LABURNUM COTTAGE is located in DOWLISH WAKE, in the TA19 postcode district. The below map shows the position of LABURNUM COTTAGE in DOWLISH WAKE.