LILAC COTTAGE, PERRY STREET, CHARD, TA20 2QG - £230,000

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

LILAC COTTAGE is a very small extended detached house of 77m², built sometime before 1900. It was last sold for £230,000 in January 2010, which was around 14% below the average January 2010 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 E.

LILAC COTTAGE Sold Prices

Land registry data shows three sales for LILAC COTTAGE 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 LILAC 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
2010 27 JAN	£230,000	£267,802	14% below HPI
2004 16 JAN	£126,000	£231,710	46% below HPI
1997 21 NOV	£55,000	£97,263	43% below HPI

LILAC 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 three LILAC COTTAGE sales between November 1997 and January 2010 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 2004 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2010 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 77m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Tatworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tatworth, and where LILAC COTTAGE lies on this distribution: 13% of detached houses are smaller than LILAC COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Tatworth.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of LILAC 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 LILAC 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 LILAC COTTAGE?

LILAC COTTAGE is located in PERRY STREET, in the TA20 postcode district. The below map shows the position of LILAC COTTAGE in PERRY STREET.