SPRING COTTAGE, COMMON LANE, HOLCOMBE, RADSTOCK, BA3 5DS - £270,000

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.

SPRING COTTAGE is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £344,754. It was last sold for £270,000 in November 2017, which was around 25% below the average November 2017 detached price in the Somerset local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was A.

SPRING COTTAGE Sold Prices

Land registry data shows three sales for SPRING 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 SPRING 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
2017 7 NOV	£270,000	£360,593	25% below HPI
1999 25 JUN	£80,000	£113,008	29% below HPI
1996 9 AUG	£56,000	£89,081	37% below HPI

SPRING 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 SPRING COTTAGE sales between August 1996 and November 2017 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 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might SPRING COTTAGE be worth now?

SPRING COTTAGE might now be worth an estimated £344,754.

This is based on house price inflation of 27.7%, between November 2017 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 27.7% inflationary increase is applied to the most recent sale price for SPRING COTTAGE of £270,000 on 7th November 2017. For the value to have increased from £270,000 to £344,754 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of SPRING COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The November 2017 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING COTTAGE has not materially changed since November 2017.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 69m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses houses in Holcombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holcombe, and where SPRING COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than SPRING COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Holcombe.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of SPRING 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 SPRING 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 SPRING COTTAGE?

SPRING COTTAGE is located on COMMON LANE in HOLCOMBE, in the BA3 postcode district. The below map shows the position of SPRING COTTAGE on COMMON LANE.