STEPS COTTAGE, GREAT LANE, SHEPTON BEAUCHAMP, ILMINSTER, TA19 0LJ - £315,000

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

STEPS COTTAGE is a midsized extended detached house of 145m², built sometime before 1900. It was last sold for £315,000 in September 2012, which was around 15% above the average September 2012 detached price in the Somerset local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was E.

STEPS COTTAGE Sold Prices

Land registry data shows two sales for STEPS 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. One of the two STEPS COTTAGE sales was for above the average price, whilst the other was 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
2012 7 SEP	£315,000	£273,958	15% above HPI
1997 7 NOV	£84,500	£97,263	13% below HPI

STEPS 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 STEPS COTTAGE sales from November 1997 and September 2012 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 November 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2012 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is STEPS COTTAGE?

STEPS COTTAGE is 145m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses in Shepton Beauchamp, based on EPC data. The below chart shows the distribution of detached houses by size in Shepton Beauchamp, and where STEPS COTTAGE lies on this distribution: 56% of detached houses are smaller than STEPS COTTAGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Shepton Beauchamp.

STEPS COTTAGE: Plot and Title Map

STEPS COTTAGE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of STEPS 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 STEPS 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 STEPS COTTAGE?

STEPS COTTAGE is located on GREAT LANE in SHEPTON BEAUCHAMP, in the TA19 postcode district. The below map shows the position of STEPS COTTAGE on GREAT LANE.