5, CARNIVAL CLOSE, ILMINSTER, TA19 9DG - £177,500

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.

5 CARNIVAL CLOSE is a very small terraced house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £292,934. It was last sold for £177,500 in May 2011, which was around 25% above the average May 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 C.

5 CARNIVAL CLOSE Sold Prices

Land registry data shows three sales for 5 CARNIVAL CLOSE 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 5 CARNIVAL CLOSE sales were for above 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 9 MAY	£177,500	£141,892	25% above HPI
2006 4 JUL	£170,000	£143,930	18% above HPI
2002 31 JUL	£122,000	£86,056	42% above HPI

5 CARNIVAL CLOSE 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 5 CARNIVAL CLOSE sales between July 2002 and May 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 July 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2011 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 5 CARNIVAL CLOSE be worth now?

5 CARNIVAL CLOSE might now be worth an estimated £292,934.

This is based on house price inflation of 65%, between May 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 65% inflationary increase is applied to the most recent sale price for 5 CARNIVAL CLOSE of £177,500 on 9th May 2011. For the value to have increased from £177,500 to £292,934 over the thirteen years and seven months to October 2025, the following assumptions must hold true:

• The value of 5 CARNIVAL CLOSE has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The May 2011 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 5 CARNIVAL CLOSE has not materially changed since May 2011.

How Large is 5 CARNIVAL CLOSE?

5 CARNIVAL CLOSE is 90m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% 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 5 CARNIVAL CLOSE lies on this distribution: 18% of terraced houses houses are smaller than 5 CARNIVAL CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Ilminster.

5 CARNIVAL CLOSE: Plot and Title Map

5 CARNIVAL CLOSE sits on a plot of roughly 0.012 of an acre, or 47m². The below map shows the location of 5 CARNIVAL CLOSE, 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 5 CARNIVAL CLOSE). 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 5 CARNIVAL CLOSE?

5 CARNIVAL CLOSE is located in ILMINSTER, in the TA19 postcode district. The below map shows the position of No. 5 on CARNIVAL CLOSE.