PARK GATE COTTAGE, FIVEHEAD, TAUNTON, TA3 6PT - £196,000

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.

PARK GATE COTTAGE is a very small detached house of 81m², built sometime before 1900, which could now be worth an estimated £318,617. It was last sold for £196,000 in January 2011, which was around 31% below the average January 2011 detached price in the Somerset local authority area. The most recent EPC inspection was February 2009, where the current energy rating was F, and the potential energy rating was E.

PARK GATE COTTAGE Sold Prices

Land registry data shows three sales for PARK GATE COTTAGE 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 PARK GATE 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
2011 28 JAN	£196,000	£283,237	31% below HPI
2007 31 AUG	£228,000	£305,935	25% below HPI
1997 11 APR	£49,950	£93,719	47% below HPI

PARK GATE 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 three PARK GATE COTTAGE sales between April 1997 and January 2011 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 August 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2011 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might PARK GATE COTTAGE be worth now?

PARK GATE COTTAGE might now be worth an estimated £318,617.

This is based on house price inflation of 62.6%, between January 2011 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 62.6% inflationary increase is applied to the most recent sale price for PARK GATE COTTAGE of £196,000 on 28th January 2011. For the value to have increased from £196,000 to £318,617 over the thirteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of PARK GATE COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The January 2011 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of PARK GATE COTTAGE has not materially changed since January 2011.

How Large is PARK GATE COTTAGE?

PARK GATE COTTAGE is 81m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of detached houses houses in Fivehead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fivehead, and where PARK GATE COTTAGE lies on this distribution: 5% of detached houses houses are smaller than PARK GATE COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Fivehead.

PARK GATE COTTAGE: Plot and Title Map

PARK GATE COTTAGE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of PARK GATE 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 PARK GATE 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 PARK GATE COTTAGE?

PARK GATE COTTAGE is located in FIVEHEAD, in the TA3 postcode district. The below map shows the position of PARK GATE COTTAGE in FIVEHEAD.