THE FIRS, ASHILL, ILMINSTER, TA19 9NE - £240,000

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.

THE FIRS is a small detached house of 111m², built sometime from 2007 onwards, which could now be worth an estimated £390,676. It was last sold for £240,000 in November 2012, which was around 15% below the average November 2012 detached price in the Somerset local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

THE FIRS Sold Prices

Land registry data shows two sales for THE FIRS 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 FIRS 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
2012 1 NOV	£240,000	£282,851	15% below HPI
2010 1 JUN	£249,995	£281,008	11% below HPI

THE FIRS 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 FIRS sales from June 2010 and November 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 June 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2012 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might THE FIRS be worth now?

THE FIRS might now be worth an estimated £390,676.

This is based on house price inflation of 62.8%, between November 2012 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 62.8% inflationary increase is applied to the most recent sale price for THE FIRS of £240,000 on 1st November 2012. For the value to have increased from £240,000 to £390,676 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of THE FIRS has moved in line with the HPI for detached houses in the Somerset local authority area.
• The November 2012 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of THE FIRS has not materially changed since November 2012.

How Large is THE FIRS?

THE FIRS is 111m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 40% of detached houses houses in Ashill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashill, and where THE FIRS lies on this distribution: 38% of detached houses houses are smaller than THE FIRS, and 62% of houses are larger. Note that EPC data is not available for all properties in Ashill.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of THE FIRS, 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 FIRS). 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 FIRS?

THE FIRS is located in ASHILL, in the TA19 postcode district. The below map shows the position of THE FIRS in ASHILL.