PALMERS COTTAGE, CASTLE HILL, OVER STOWEY, BRIDGWATER, TA5 1ET - £290,000

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

PALMERS COTTAGE is a midsized extended detached house of 113m², built sometime before 1900. It was last sold for £290,000 in November 2016, which was around 12% below the average November 2016 detached price in the Somerset local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

PALMERS COTTAGE Sold Prices

Land registry data shows two sales for PALMERS 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 PALMERS 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
2016 4 NOV	£290,000	£328,423	12% below HPI
1996 10 JUL	£52,000	£84,939	39% below HPI

PALMERS 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 PALMERS COTTAGE sales from July 1996 and November 2016 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 July 1996 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is PALMERS COTTAGE?

PALMERS COTTAGE is 113m², which includes three extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 50% of detached houses in Nether Stowey, based on EPC data. The below chart shows the distribution of detached houses by size in Nether Stowey, and where PALMERS COTTAGE lies on this distribution: 49% of detached houses are smaller than PALMERS COTTAGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Nether Stowey.

PALMERS COTTAGE: Plot and Title Map

PALMERS COTTAGE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of PALMERS 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 PALMERS 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 PALMERS COTTAGE?

PALMERS COTTAGE is located on CASTLE HILL in OVER STOWEY, in the TA5 postcode district. The below map shows the position of PALMERS COTTAGE on CASTLE HILL.