MEADOWS, SUGGS LANE, BROADWAY, ILMINSTER, TA19 9RJ - £500,000

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

MEADOWS is a very small extended detached house of 90m², built sometime between 1900 and 1929, which could now be worth an estimated £561,165. It was last sold for £500,000 in September 2021, which was around 23% above the average September 2021 detached price in the Somerset local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was B.

MEADOWS Sold Prices

Land registry data shows two sales for MEADOWS 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 MEADOWS sales was for above the average price, whilst the other was 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 13 SEP	£500,000	£407,986	23% above HPI
2015 22 OCT	£317,500	£319,344	1% below HPI

MEADOWS 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 MEADOWS sales from October 2015 and September 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 October 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might MEADOWS be worth now?

MEADOWS might now be worth an estimated £561,165.

This is based on house price inflation of 12.2%, between September 2021 and December 2024, 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 12.2% inflationary increase is applied to the most recent sale price for MEADOWS of £500,000 on 13th September 2021. For the value to have increased from £500,000 to £561,165 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of MEADOWS has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOWS has not materially changed since September 2021.

How Large is MEADOWS?

MEADOWS is 90m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of detached houses houses in Broadway, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broadway, and where MEADOWS lies on this distribution: 17% of detached houses houses are smaller than MEADOWS, and 83% of houses are larger. Note that EPC data is not available for all properties in Broadway.

MEADOWS: Plot and Title Map

MEADOWS sits on a plot of roughly 0.336 of an acre, or 1,361m². The below map shows the location of MEADOWS, 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 MEADOWS). 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 MEADOWS?

MEADOWS is located on SUGGS LANE in BROADWAY, in the TA19 postcode district. The below map shows the position of MEADOWS on SUGGS LANE.