LUSHINGTON, OAKE, TAUNTON, TA4 1AZ - £270,000

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.

LUSHINGTON is a very small detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £341,937. It was last sold for £270,000 in June 2018, which was around 26% below the average June 2018 detached price in the Somerset local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was B.

LUSHINGTON Sold Prices

Land registry data shows two sales for LUSHINGTON 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 LUSHINGTON 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
2018 7 JUN	£270,000	£363,564	26% below HPI
2005 15 JUL	£200,000	£263,614	24% below HPI

LUSHINGTON 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 LUSHINGTON sales from July 2005 and June 2018 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 July 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might LUSHINGTON be worth now?

LUSHINGTON might now be worth an estimated £341,937.

This is based on house price inflation of 26.6%, between June 2018 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 26.6% inflationary increase is applied to the most recent sale price for LUSHINGTON of £270,000 on 7th June 2018. For the value to have increased from £270,000 to £341,937 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of LUSHINGTON has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2018 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of LUSHINGTON has not materially changed since June 2018.

How Large is LUSHINGTON?

LUSHINGTON is 80m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% of detached houses houses in Oake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oake, and where LUSHINGTON lies on this distribution: 9% of detached houses houses are smaller than LUSHINGTON, and 89% of houses are larger. Note that EPC data is not available for all properties in Oake.

LUSHINGTON: Plot and Title Map

LUSHINGTON sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of LUSHINGTON, 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 LUSHINGTON). 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 LUSHINGTON?

LUSHINGTON is located in OAKE, in the TA4 postcode district. The below map shows the position of LUSHINGTON in OAKE.