38, THE CROSS, ILMINSTER, TA19 0EH - £210,000

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.

38 THE CROSS is a very small extended semi-detached house of 82m², built sometime between 1930 and 1949, which could now be worth an estimated £220,646. It was last sold for £210,000 in May 2022, which was around 23% below the average May 2022 semi-detached price in the Somerset local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was C.

38 THE CROSS Sold Prices

Land registry data shows four sales for 38 THE CROSS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. All of the four 38 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
2022 5 MAY	£210,000	£274,455	23% below HPI
2011 4 FEB	£140,000	£170,294	18% below HPI
2001 9 APR	£78,000	£84,247	7% below HPI
1999 29 APR	£62,000	£64,221	3% below HPI

38 THE CROSS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Somerset local authority area over time, sourced from the HPI. The four 38 THE CROSS sales between April 1999 and May 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 February 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 38 THE CROSS be worth now?

38 THE CROSS might now be worth an estimated £220,646.

This is based on house price inflation of 5.1%, between May 2022 and May 2026, for semi-detached 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 5.1% inflationary increase is applied to the most recent sale price for 38 THE CROSS of £210,000 on 5th May 2022. For the value to have increased from £210,000 to £220,646 over the four years to May 2026, the following assumptions must hold true:

• The value of 38 THE CROSS has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The May 2022 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 38 THE CROSS has not materially changed since May 2022.

How Large is 38 THE CROSS?

38 THE CROSS is 82m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of semi-detached houses houses in Ilminster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ilminster, and where 38 THE CROSS lies on this distribution: 10% of semi-detached houses houses are smaller than 38 THE CROSS, and 89% of houses are larger. Note that EPC data is not available for all properties in Ilminster.

38 THE CROSS: Plot and Title Map

38 THE CROSS sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 38 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 38 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 38 THE CROSS?

38 THE CROSS is located in ILMINSTER, in the TA19 postcode district. The below map shows the position of No. 38 on THE CROSS.