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

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.

NEROCHE is a very large extended detached house of 235m², built sometime between 1967 and 1975, which could now be worth an estimated £600,527. It was last sold for £470,000 in December 2017, which was around 30% 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	£360,353	30% above HPI
2004 30 JAN	£360,000	£239,008	51% above HPI
1997 18 NOV	£185,000	£100,326	84% 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 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the December 2017 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might NEROCHE be worth now?

NEROCHE might now be worth an estimated £600,527.

This is based on house price inflation of 27.8%, between December 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 27.8% inflationary increase is applied to the most recent sale price for NEROCHE of £470,000 on 18th December 2017. For the value to have increased from £470,000 to £600,527 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of NEROCHE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2017 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of NEROCHE has not materially changed since December 2017.

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 houses in Horton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horton, and where NEROCHE lies on this distribution: 95% of detached houses 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.