LIME COTTAGE, PRESTLEIGH ROAD, EVERCREECH, SHEPTON MALLET, BA4 6JY - £407,500

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.

LIME COTTAGE is a large extended detached house of 151m², built sometime between 1900 and 1929, which could now be worth an estimated £500,981. It was last sold for £407,500 in November 2019, which was around 9% above the average November 2019 detached price in the Somerset local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

LIME COTTAGE Sold Prices

Land registry data shows four sales for LIME COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four LIME COTTAGE sales were 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
2019 7 NOV	£407,500	£374,515	9% above HPI
2008 6 AUG	£310,000	£289,780	7% above HPI
1997 8 AUG	£105,000	£98,516	7% above HPI
1995 19 OCT	£95,000	£87,148	9% above HPI

LIME 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 four LIME COTTAGE sales between October 1995 and November 2019 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 August 2008 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2019 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might LIME COTTAGE be worth now?

LIME COTTAGE might now be worth an estimated £500,981.

This is based on house price inflation of 22.9%, between November 2019 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 22.9% inflationary increase is applied to the most recent sale price for LIME COTTAGE of £407,500 on 7th November 2019. For the value to have increased from £407,500 to £500,981 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of LIME COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The November 2019 sale price of £407,500 represented a fair market value for the property.
• The size, condition, and specification of LIME COTTAGE has not materially changed since November 2019.

How Large is LIME COTTAGE?

LIME COTTAGE is 151m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 30% of detached houses houses in Evercreech, based on EPC data. The below chart shows the distribution of detached houses houses by size in Evercreech, and where LIME COTTAGE lies on this distribution: 77% of detached houses houses are smaller than LIME COTTAGE, and 23% of houses are larger. Note that EPC data is not available for all properties in Evercreech.

LIME COTTAGE: Plot and Title Map

LIME COTTAGE sits on a plot of roughly 0.188 of an acre, or 759m². The below map shows the location of LIME 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 LIME 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 LIME COTTAGE?

LIME COTTAGE is located on PRESTLEIGH ROAD in EVERCREECH, in the BA4 postcode district. The below map shows the position of LIME COTTAGE on PRESTLEIGH ROAD.