PIPPIN, UNDERHAYES COURT, EAST CHINNOCK, YEOVIL, BA22 9FG - £540,000

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.

PIPPIN is a small detached house of 120m², built in 2020, which could now be worth an estimated £548,794. It was last sold for £540,000 in November 2023, which was around 19% above the average November 2023 detached price in the Somerset local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was A.

PIPPIN Sold Prices

Land registry data shows two sales for PIPPIN 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 PIPPIN 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
2023 30 NOV	£540,000	£453,051	19% above HPI
2021 17 SEP	£450,000	£407,986	10% above HPI

PIPPIN 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 PIPPIN sales from September 2021 and November 2023 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 September 2021 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2023 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might PIPPIN be worth now?

PIPPIN might now be worth an estimated £548,794.

This is based on house price inflation of 1.6%, between November 2023 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 1.6% inflationary increase is applied to the most recent sale price for PIPPIN of £540,000 on 30th November 2023. For the value to have increased from £540,000 to £548,794 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of PIPPIN has moved in line with the HPI for detached houses in the Somerset local authority area.
• The November 2023 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of PIPPIN has not materially changed since November 2023.

How Large is PIPPIN?

PIPPIN is 120m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of detached houses houses in East Chinnock, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Chinnock, and where PIPPIN lies on this distribution: 29% of detached houses houses are smaller than PIPPIN, and 71% of houses are larger. Note that EPC data is not available for all properties in East Chinnock.

PIPPIN: Plot and Title Map

PIPPIN sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of PIPPIN, 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 PIPPIN). 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 PIPPIN?

PIPPIN is located on UNDERHAYES COURT in EAST CHINNOCK, in the BA22 postcode district. The below map shows the position of PIPPIN on UNDERHAYES COURT.