MICHAELMAS COTTAGE, CHURCH WALK, MARSTON MAGNA, YEOVIL, BA22 8DQ - £370,000

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.

MICHAELMAS COTTAGE is a small extended detached house of 153m², built sometime before 1900, which could now be worth an estimated £472,492. It was last sold for £370,000 in March 2018, which was around 3% above the average March 2018 detached price in the Somerset local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was C.

MICHAELMAS COTTAGE Sold Prices

Land registry data shows three sales for MICHAELMAS 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. Two of the three MICHAELMAS COTTAGE sales were for above the average price, whilst one 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
2018 29 MAR	£370,000	£360,554	3% above HPI
2006 21 JUN	£370,000	£271,305	36% above HPI
1997 28 FEB	£79,000	£91,161	13% below HPI

MICHAELMAS 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 MICHAELMAS COTTAGE sales between February 1997 and March 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 June 2006 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the March 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might MICHAELMAS COTTAGE be worth now?

MICHAELMAS COTTAGE might now be worth an estimated £472,492.

This is based on house price inflation of 27.7%, between March 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 27.7% inflationary increase is applied to the most recent sale price for MICHAELMAS COTTAGE of £370,000 on 29th March 2018. For the value to have increased from £370,000 to £472,492 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of MICHAELMAS COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The March 2018 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of MICHAELMAS COTTAGE has not materially changed since March 2018.

How Large is MICHAELMAS COTTAGE?

MICHAELMAS COTTAGE is 153m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% of detached houses houses in Marston Magna, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marston Magna, and where MICHAELMAS COTTAGE lies on this distribution: 31% of detached houses houses are smaller than MICHAELMAS COTTAGE, and 69% of houses are larger. Note that EPC data is not available for all properties in Marston Magna.

MICHAELMAS COTTAGE: Plot and Title Map

MICHAELMAS COTTAGE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of MICHAELMAS 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 MICHAELMAS 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 MICHAELMAS COTTAGE?

MICHAELMAS COTTAGE is located on CHURCH WALK in MARSTON MAGNA, in the BA22 postcode district. The below map shows the position of MICHAELMAS COTTAGE on CHURCH WALK.