THE OLD COTTAGE, GOOSE LANE, HORTON, ILMINSTER, TA19 9QQ - £492,500

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

THE OLD COTTAGE is a large extended detached house of 160m², built sometime before 1900. It was last sold for £492,500 in February 2019, which was around 37% above the average February 2019 detached price in the Somerset local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

THE OLD COTTAGE Sold Prices

Land registry data shows two sales for THE OLD 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. Both of the two THE OLD COTTAGE sales were for above 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
2019 1 FEB	£492,500	£358,678	37% above HPI
2004 27 FEB	£240,000	£231,907	3% above HPI

THE OLD 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 THE OLD COTTAGE sales from February 2004 and February 2019 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 February 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2019 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is THE OLD COTTAGE?

THE OLD COTTAGE is 160m², which includes three extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of detached houses in Horton, based on EPC data. The below chart shows the distribution of detached houses by size in Horton, and where THE OLD COTTAGE lies on this distribution: 70% of detached houses are smaller than THE OLD COTTAGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Horton.

THE OLD COTTAGE: Plot and Title Map

THE OLD COTTAGE sits on a plot of roughly 0.229 of an acre, or 925m². The below map shows the location of THE OLD 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 THE OLD 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 THE OLD COTTAGE?

THE OLD COTTAGE is located on GOOSE LANE in HORTON, in the TA19 postcode district. The below map shows the position of THE OLD COTTAGE on GOOSE LANE.