THE FIRS, BARRINGTON, ILMINSTER, TA19 0JB - £374,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE FIRS is a large extended detached house of 157m², built sometime between 1950 and 1966, which could now be worth an estimated £606,110. It was last sold for £374,000 in July 2010, which was around 32% above the average July 2010 detached price in the Somerset local authority area. The most recent EPC inspection was February 2020, where the current energy rating was F, 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. One of the two THE FIRS sales was for above the average price, whilst the other was roughly equal to 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
2010 23 JUL	£374,000	£282,544	32% above HPI
1998 29 APR	£102,500	£102,622	Close to 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 April 1998 and July 2010 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 April 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2010 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might THE FIRS be worth now?

THE FIRS might now be worth an estimated £606,110.

This is based on house price inflation of 62.1%, between July 2010 and December 2024, 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 62.1% inflationary increase is applied to the most recent sale price for THE FIRS of £374,000 on 23rd July 2010. For the value to have increased from £374,000 to £606,110 over the thirteen years and seven months to December 2024, 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 July 2010 sale price of £374,000 represented a fair market value for the property.
• The size, condition, and specification of THE FIRS has not materially changed since July 2010.

How Large is THE FIRS?

THE FIRS is 157m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of detached houses houses in Barrington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barrington, and where THE FIRS lies on this distribution: 60% of detached houses houses are smaller than THE FIRS, and 40% of houses are larger. Note that EPC data is not available for all properties in Barrington.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.278 of an acre, or 1,124m². 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 BARRINGTON, in the TA19 postcode district. The below map shows the position of THE FIRS in BARRINGTON.