15, CANAL WAY, ILMINSTER, TA19 9DS - £140,000

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.

15 CANAL WAY is a very small terraced house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £227,821. It was last sold for £140,000 in August 2011, which was around 3% below the average August 2011 terraced price in the Somerset local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was B.

15 CANAL WAY Sold Prices

Land registry data shows four sales for 15 CANAL WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. Most of the four 15 CANAL WAY 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
2011 10 AUG	£140,000	£143,901	3% below HPI
2005 18 MAY	£132,000	£133,324	1% below HPI
2003 29 AUG	£102,000	£106,798	4% below HPI
2001 17 AUG	£90,000	£71,061	27% above HPI

15 CANAL WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Somerset local authority area over time, sourced from the HPI. The four 15 CANAL WAY sales between August 2001 and August 2011 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 May 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2011 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 15 CANAL WAY be worth now?

15 CANAL WAY might now be worth an estimated £227,821.

This is based on house price inflation of 62.7%, between August 2011 and October 2025, for terraced 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 62.7% inflationary increase is applied to the most recent sale price for 15 CANAL WAY of £140,000 on 10th August 2011. For the value to have increased from £140,000 to £227,821 over the thirteen years and ten months to October 2025, the following assumptions must hold true:

• The value of 15 CANAL WAY has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The August 2011 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CANAL WAY has not materially changed since August 2011.

How Large is 15 CANAL WAY?

15 CANAL WAY is 55m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of terraced houses houses in Ilminster, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ilminster, and where 15 CANAL WAY lies on this distribution: 2% of terraced houses houses are smaller than 15 CANAL WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Ilminster.

15 CANAL WAY: Plot and Title Map

15 CANAL WAY sits on a plot of roughly 0.018 of an acre, or 72m². The below map shows the location of 15 CANAL WAY, 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 15 CANAL WAY). 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 15 CANAL WAY?

15 CANAL WAY is located in ILMINSTER, in the TA19 postcode district. The below map shows the position of No. 15 on CANAL WAY.