MYRTLE COTTAGE, MEADS DROVEWAY, CREECH HEATHFIELD, TAUNTON, TA3 5EX - £315,000

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

MYRTLE COTTAGE is a very small extended detached house of 79m², built sometime before 1900. It was last sold for £315,000 in October 2022, which was around 31% below the average October 2022 detached price in the Somerset local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was B.

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. Both of the two MYRTLE COTTAGE 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
2022 28 OCT	£315,000	£454,941	31% below HPI
1998 9 OCT	£62,500	£105,546	41% 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 October 1998 and October 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 October 1998 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is MYRTLE COTTAGE?

MYRTLE COTTAGE is 79m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Creech Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Creech Heathfield, and where MYRTLE COTTAGE lies on this distribution: 7% of detached houses are smaller than MYRTLE COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Creech Heathfield.

MYRTLE COTTAGE: Plot and Title Map

MYRTLE COTTAGE sits on a plot of roughly 0.103 of an acre, or 415m². 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 MEADS DROVEWAY in CREECH HEATHFIELD, in the TA3 postcode district. The below map shows the position of MYRTLE COTTAGE on MEADS DROVEWAY.