MERLIN, GOOSE LANE, HORTON, ILMINSTER, TA19 9QQ - £230,000

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

MERLIN is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £230,000 in March 2009, which was around 9% below the average March 2009 detached price in the Somerset local authority area. The most recent EPC inspection was September 2024, where the current energy rating was E, and the potential energy rating was B.

MERLIN Sold Prices

Land registry data shows two sales for MERLIN 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 MERLIN 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
2009 2 MAR	£230,000	£253,074	9% below HPI
2007 10 JAN	£150,000	£278,945	46% below HPI

MERLIN 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 MERLIN sales from January 2007 and March 2009 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 2007 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2009 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is MERLIN?

MERLIN is 64m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 10% of detached houses in Horton, based on EPC data. The below chart shows the distribution of detached houses by size in Horton, and where MERLIN lies on this distribution: 5% of detached houses are smaller than MERLIN, and 95% of houses are larger. Note that EPC data is not available for all properties in Horton.

MERLIN: Plot and Title Map

MERLIN sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of MERLIN, 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 MERLIN). 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 MERLIN?

MERLIN is located on GOOSE LANE in HORTON, in the TA19 postcode district. The below map shows the position of MERLIN on GOOSE LANE.