NEROCHE, HORTON, ILMINSTER, TA19 9QR - £470,000

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

NEROCHE is a very large extended detached house of 235m², built sometime between 1967 and 1975. It was last sold for £470,000 in December 2017, which was around 35% above the average December 2017 detached price in the Somerset local authority area. The most recent EPC inspection was June 2023, where the current energy rating was E, and the potential energy rating was C.

NEROCHE Sold Prices

Land registry data shows three sales for NEROCHE 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. All of the three NEROCHE 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
2017 18 DEC	£470,000	£349,351	35% above HPI
2004 30 JAN	£360,000	£231,710	55% above HPI
1997 18 NOV	£185,000	£97,263	90% above HPI

NEROCHE 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 NEROCHE sales between November 1997 and December 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 January 2004 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the December 2017 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is NEROCHE?

NEROCHE is 235m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in Horton, based on EPC data. The below chart shows the distribution of detached houses by size in Horton, and where NEROCHE lies on this distribution: 95% of detached houses are smaller than NEROCHE, and 5% of houses are larger. Note that EPC data is not available for all properties in Horton.

NEROCHE: Plot and Title Map

NEROCHE sits on a plot of roughly 0.266 of an acre, or 1,076m². The below map shows the location of NEROCHE, 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 NEROCHE). 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 NEROCHE?

NEROCHE is located in HORTON, in the TA19 postcode district. The below map shows the position of NEROCHE in HORTON.