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

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

SILVER COTTAGE is a small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £230,000 in July 2014, which was around 21% 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	£289,509	21% below HPI
1995 26 JUN	£84,000	£84,667	1% 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

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 in Milverton, based on EPC data. The below chart shows the distribution of detached houses by size in Milverton, and where SILVER COTTAGE lies on this distribution: 28% of detached houses are smaller than SILVER COTTAGE, and 71% 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.