MYRTLE COTTAGE, CHURCH LANE, HORTON, ILMINSTER, TA19 9RN - £499,995

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.

MYRTLE COTTAGE is a midsized extended detached house of 134m², built sometime before 1900, which could now be worth an estimated £515,408. It was last sold for £499,995 in March 2022, which was around 14% above the average March 2022 detached price in the Somerset local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

MYRTLE COTTAGE Sold Prices

Land registry data shows two sales for MYRTLE COTTAGE 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 MYRTLE COTTAGE 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
2022 16 MAR	£499,995	£438,106	14% above HPI
2002 12 APR	£170,000	£173,950	2% below HPI

MYRTLE 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 two MYRTLE COTTAGE sales from April 2002 and March 2022 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 April 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might MYRTLE COTTAGE be worth now?

MYRTLE COTTAGE might now be worth an estimated £515,408.

This is based on house price inflation of 3.1%, between March 2022 and March 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 3.1% inflationary increase is applied to the most recent sale price for MYRTLE COTTAGE of £499,995 on 16th March 2022. For the value to have increased from £499,995 to £515,408 over the three years to March 2025, the following assumptions must hold true:

• The value of MYRTLE COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The March 2022 sale price of £499,995 represented a fair market value for the property.
• The size, condition, and specification of MYRTLE COTTAGE has not materially changed since March 2022.

How Large is MYRTLE COTTAGE?

MYRTLE COTTAGE is 134m², which includes three extensions, according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% of detached houses houses in Horton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horton, and where MYRTLE COTTAGE lies on this distribution: 46% of detached houses houses are smaller than MYRTLE COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Horton.

MYRTLE COTTAGE: Plot and Title Map

MYRTLE COTTAGE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of MYRTLE 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 MYRTLE 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 MYRTLE COTTAGE?

MYRTLE COTTAGE is located on CHURCH LANE in HORTON, in the TA19 postcode district. The below map shows the position of MYRTLE COTTAGE on CHURCH LANE.