THE CLUMP, TURNPIKE, MILVERTON, TAUNTON, TA4 1LF - £322,500

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.

THE CLUMP is a small detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £374,924. It was last sold for £322,500 in March 2021, which was around 19% below the average March 2021 detached price in the Somerset local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

THE CLUMP Sold Prices

Land registry data shows two sales for THE CLUMP 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 THE CLUMP 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
2021 1 MAR	£322,500	£396,049	19% below HPI
2006 24 MAR	£213,500	£261,764	18% below HPI

THE CLUMP 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 THE CLUMP sales from March 2006 and March 2021 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 March 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might THE CLUMP be worth now?

THE CLUMP might now be worth an estimated £374,924.

This is based on house price inflation of 16.3%, between March 2021 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 16.3% inflationary increase is applied to the most recent sale price for THE CLUMP of £322,500 on 1st March 2021. For the value to have increased from £322,500 to £374,924 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of THE CLUMP has moved in line with the HPI for detached houses in the Somerset local authority area.
• The March 2021 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of THE CLUMP has not materially changed since March 2021.

How Large is THE CLUMP?

THE CLUMP is 102m² according to the EPC inspection conducted in July 2019. 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 THE CLUMP lies on this distribution: 29% of detached houses houses are smaller than THE CLUMP, and 70% of houses are larger. Note that EPC data is not available for all properties in Milverton.

THE CLUMP: Plot and Title Map

THE CLUMP sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of THE CLUMP, 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 THE CLUMP). 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 THE CLUMP?

THE CLUMP is located on TURNPIKE in MILVERTON, in the TA4 postcode district. The below map shows the position of THE CLUMP on TURNPIKE.