2, OWSLEY COTTAGES, MIDDLE STREET, SHEPTON BEAUCHAMP, ILMINSTER, TA19 0LF - £215,000

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.

2 OWSLEY COTTAGES is a very small terraced house of 56m², built sometime between 1900 and 1929, which could now be worth an estimated £206,650. It was last sold for £215,000 in October 2022, which was around 9% below the average October 2022 terraced 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.

2 OWSLEY COTTAGES Sold Prices

Land registry data shows two sales for 2 OWSLEY COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. Both of the two 2 OWSLEY COTTAGES 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
2022 17 OCT	£215,000	£236,275	9% below HPI
2007 5 OCT	£150,000	£160,296	6% below HPI

2 OWSLEY COTTAGES 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 two 2 OWSLEY COTTAGES sales from October 2007 and October 2022 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 October 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 OWSLEY COTTAGES be worth now?

2 OWSLEY COTTAGES might now be worth an estimated £206,650.

This is based on house price deflation of 3.9%, between October 2022 and June 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 3.9% deflationary decrease is applied to the most recent sale price for 2 OWSLEY COTTAGES of £215,000 on 17th October 2022. For the value to have decreased from £215,000 to £206,650 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of 2 OWSLEY COTTAGES has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The October 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OWSLEY COTTAGES has not materially changed since October 2022.

How Large is 2 OWSLEY COTTAGES?

2 OWSLEY COTTAGES is 56m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of terraced houses houses in Shepton Beauchamp, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Shepton Beauchamp, and where 2 OWSLEY COTTAGES lies on this distribution: 1% of terraced houses houses are smaller than 2 OWSLEY COTTAGES, and 99% of houses are larger. Note that EPC data is not available for all properties in Shepton Beauchamp.

2 OWSLEY COTTAGES: Plot and Title Map

2 OWSLEY COTTAGES sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 2 OWSLEY COTTAGES, 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 2 OWSLEY COTTAGES). 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 2 OWSLEY COTTAGES?

2 OWSLEY COTTAGES is located on MIDDLE STREET in SHEPTON BEAUCHAMP, in the TA19 postcode district. The below map shows the position of 2 OWSLEY COTTAGES on MIDDLE STREET.