SILVER COTTAGE, SILVER STREET, MILVERTON, TAUNTON, TA4 1LA - £230,000

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.

SILVER COTTAGE is a small extended detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £354,619. It was last sold for £230,000 in July 2014, which was around 23% below the average July 2014 detached price in the Somerset local authority area. The most recent EPC inspection was November 2014, where the current energy rating was F, and the potential energy rating was D.

SILVER COTTAGE Sold Prices

Land registry data shows two sales for SILVER 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 SILVER 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
2014 28 JUL	£230,000	£298,627	23% below HPI
1995 26 JUN	£84,000	£87,333	4% below HPI

SILVER 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 SILVER COTTAGE sales from June 1995 and July 2014 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 June 1995 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might SILVER COTTAGE be worth now?

SILVER COTTAGE might now be worth an estimated £354,619.

This is based on house price inflation of 54.2%, between July 2014 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 54.2% inflationary increase is applied to the most recent sale price for SILVER COTTAGE of £230,000 on 28th July 2014. For the value to have increased from £230,000 to £354,619 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of SILVER COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The July 2014 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of SILVER COTTAGE has not materially changed since July 2014.

How Large is SILVER COTTAGE?

SILVER COTTAGE is 100m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses houses in Milverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milverton, and where SILVER COTTAGE lies on this distribution: 26% of detached houses houses are smaller than SILVER COTTAGE, and 73% of houses are larger. Note that EPC data is not available for all properties in Milverton.

SILVER COTTAGE: Plot and Title Map

SILVER COTTAGE sits on a plot of roughly 0.242 of an acre, or 980m². The below map shows the location of SILVER 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 SILVER 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 SILVER COTTAGE?

SILVER COTTAGE is located on SILVER STREET in MILVERTON, in the TA4 postcode district. The below map shows the position of SILVER COTTAGE on SILVER STREET.