LEA COTTAGE, MILVERTON, TAUNTON, TA4 1QZ - £300,000

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

LEA COTTAGE is a very small detached house of 90m², built sometime between 1950 and 1966. It was last sold for £300,000 in June 2015, which was about the average June 2015 detached price in the Somerset local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

LEA COTTAGE Sold Prices

Land registry data shows two sales for LEA 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. One of the two LEA COTTAGE sales was roughly equal to 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
2015 5 JUN	£300,000	£299,758	Close to HPI
2000 31 MAY	£148,000	£131,307	13% above HPI

LEA 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 LEA COTTAGE sales from May 2000 and June 2015 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 May 2000 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2015 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is LEA COTTAGE?

LEA COTTAGE is 90m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Milverton, based on EPC data. The below chart shows the distribution of detached houses by size in Milverton, and where LEA COTTAGE lies on this distribution: 13% of detached houses are smaller than LEA COTTAGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Milverton.

LEA COTTAGE: Plot and Title Map

LEA COTTAGE sits on a plot of roughly 0.219 of an acre, or 888m². The below map shows the location of LEA 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 LEA 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 LEA COTTAGE?

LEA COTTAGE is located in MILVERTON, in the TA4 postcode district. The below map shows the position of LEA COTTAGE in MILVERTON.