MINDEN, BACK STREET, WINSHAM, CHARD, TA20 4EB - £330,000

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.

MINDEN is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £421,366. It was last sold for £330,000 in November 2017, which was around 8% below the average November 2017 detached price in the Somerset local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

MINDEN Sold Prices

Land registry data shows four sales for MINDEN 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. All of the four MINDEN 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
2017 17 NOV	£330,000	£360,593	8% below HPI
2014 12 JUN	£230,000	£296,970	23% below HPI
2008 4 MAR	£248,000	£300,827	18% below HPI
1998 21 AUG	£77,500	£108,717	29% below HPI

MINDEN 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 MINDEN sales between August 1998 and November 2017 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 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might MINDEN be worth now?

MINDEN might now be worth an estimated £421,366.

This is based on house price inflation of 27.7%, between November 2017 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 MINDEN of £330,000 on 17th November 2017. For the value to have increased from £330,000 to £421,366 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of MINDEN has moved in line with the HPI for detached houses in the Somerset local authority area.
• The November 2017 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of MINDEN has not materially changed since November 2017.

How Large is MINDEN?

MINDEN is 78m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses houses in Winsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winsham, and where MINDEN lies on this distribution: 10% of detached houses houses are smaller than MINDEN, and 90% of houses are larger. Note that EPC data is not available for all properties in Winsham.

MINDEN: Plot and Title Map

MINDEN sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of MINDEN, 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 MINDEN). 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 MINDEN?

MINDEN is located on BACK STREET in WINSHAM, in the TA20 postcode district. The below map shows the position of MINDEN on BACK STREET.