3, THE CROSS, ILMINSTER, TA19 0EH - £112,500

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.

3 THE CROSS is a very small extended terraced house of 60m², built sometime before 1900, which could now be worth an estimated £191,877. It was last sold for £112,500 in July 2009, which was around 17% below the average July 2009 terraced price in the Somerset local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was A.

3 THE CROSS Sold Prices

Land registry data shows two sales for 3 THE CROSS 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 3 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
2009 7 JUL	£112,500	£136,277	17% below HPI
1998 26 JAN	£41,500	£47,004	12% below HPI

3 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 two 3 THE CROSS sales from January 1998 and July 2009 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 January 1998 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2009 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 THE CROSS be worth now?

3 THE CROSS might now be worth an estimated £191,877.

This is based on house price inflation of 70.6%, between July 2009 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 70.6% inflationary increase is applied to the most recent sale price for 3 THE CROSS of £112,500 on 7th July 2009. For the value to have increased from £112,500 to £191,877 over the seventeen years and two months to May 2026, the following assumptions must hold true:

• The value of 3 THE CROSS has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The July 2009 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of 3 THE CROSS has not materially changed since July 2009.

How Large is 3 THE CROSS?

3 THE CROSS is 60m², which includes one extension, according to the EPC inspection conducted in March 2023. 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 3 THE CROSS lies on this distribution: 2% of terraced houses houses are smaller than 3 THE CROSS, and 98% of houses are larger. Note that EPC data is not available for all properties in Ilminster.

3 THE CROSS: Plot and Title Map

3 THE CROSS sits on a plot of roughly 0.021 of an acre, or 83m². The below map shows the location of 3 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 3 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 3 THE CROSS?

3 THE CROSS is located in ILMINSTER, in the TA19 postcode district. The below map shows the position of No. 3 on THE CROSS.