18, THE CROSS, ILMINSTER, TA19 0EH - £132,800

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.

18 THE CROSS is a very small terraced house of 45m², built sometime before 1900, which could now be worth an estimated £177,735. It was last sold for £132,800 in June 2017, which was around 24% below the average June 2017 terraced price in the Somerset local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

18 THE CROSS Sold Prices

Land registry data shows three sales for 18 THE CROSS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. All of the three 18 THE CROSS 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
2017 16 JUN	£132,800	£173,667	24% below HPI
2009 18 NOV	£98,500	£141,747	31% below HPI
2000 14 APR	£45,000	£60,227	25% below HPI

18 THE CROSS 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 three 18 THE CROSS sales between April 2000 and June 2017 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 November 2009 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 18 THE CROSS be worth now?

18 THE CROSS might now be worth an estimated £177,735.

This is based on house price inflation of 33.8%, between June 2017 and May 2026, 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 33.8% inflationary increase is applied to the most recent sale price for 18 THE CROSS of £132,800 on 16th June 2017. For the value to have increased from £132,800 to £177,735 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 18 THE CROSS has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The June 2017 sale price of £132,800 represented a fair market value for the property.
• The size, condition, and specification of 18 THE CROSS has not materially changed since June 2017.

How Large is 18 THE CROSS?

18 THE CROSS is 45m² according to the EPC inspection conducted in September 2015. 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 18 THE CROSS lies on this distribution: Less than 1% of terraced houses houses are smaller than 18 THE CROSS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ilminster.

18 THE CROSS: Plot and Title Map

18 THE CROSS sits on a plot of roughly 0.018 of an acre, or 73m². The below map shows the location of 18 THE CROSS, 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 18 THE CROSS). 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 18 THE CROSS?

18 THE CROSS is located in ILMINSTER, in the TA19 postcode district. The below map shows the position of No. 18 on THE CROSS.