MILESTONE HOUSE, EAST CHINNOCK, YEOVIL, BA22 9DR - £400,000

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

MILESTONE HOUSE is a small extended detached house of 121m², built sometime before 1900. It was last sold for £400,000 in October 2023, which was around 11% below the average October 2023 detached price in the Somerset local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

MILESTONE HOUSE Sold Prices

Land registry data shows four sales for MILESTONE HOUSE 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. Most of the four MILESTONE HOUSE 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
2023 19 OCT	£400,000	£447,775	11% below HPI
2005 1 JUL	£285,000	£255,565	12% above HPI
2001 11 MAY	£176,000	£146,642	20% above HPI
1996 1 NOV	£97,000	£87,075	11% above HPI

MILESTONE HOUSE 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 MILESTONE HOUSE sales between November 1996 and October 2023 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 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is MILESTONE HOUSE?

MILESTONE HOUSE is 121m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 40% of detached houses in East Chinnock, based on EPC data. The below chart shows the distribution of detached houses by size in East Chinnock, and where MILESTONE HOUSE lies on this distribution: 31% of detached houses are smaller than MILESTONE HOUSE, and 69% of houses are larger. Note that EPC data is not available for all properties in East Chinnock.

MILESTONE HOUSE: Plot and Title Map

MILESTONE HOUSE sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of MILESTONE HOUSE, 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 MILESTONE HOUSE). 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 MILESTONE HOUSE?

MILESTONE HOUSE is located in EAST CHINNOCK, in the BA22 postcode district. The below map shows the position of MILESTONE HOUSE in EAST CHINNOCK.