5, FAIRFIELD, ILMINSTER, TA19 9PE - £163,000

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.

5 FAIRFIELD is a very small semi-detached house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £276,764. It was last sold for £163,000 in December 2011, which was around 4% below the average December 2011 semi-detached price in the Somerset local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

5 FAIRFIELD Sold Prices

Land registry data shows two sales for 5 FAIRFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. Both of the two 5 FAIRFIELD 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
2011 9 DEC	£163,000	£170,441	4% below HPI
2002 1 AUG	£101,745	£112,778	10% below HPI

5 FAIRFIELD 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 two 5 FAIRFIELD sales from August 2002 and December 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 August 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2011 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 FAIRFIELD be worth now?

5 FAIRFIELD might now be worth an estimated £276,764.

This is based on house price inflation of 69.8%, between December 2011 and July 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 69.8% inflationary increase is applied to the most recent sale price for 5 FAIRFIELD of £163,000 on 9th December 2011. For the value to have increased from £163,000 to £276,764 over the fifteen years and five months to July 2026, the following assumptions must hold true:

• The value of 5 FAIRFIELD has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The December 2011 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FAIRFIELD has not materially changed since December 2011.

How Large is 5 FAIRFIELD?

5 FAIRFIELD is 70m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% 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 5 FAIRFIELD lies on this distribution: 4% of semi-detached houses houses are smaller than 5 FAIRFIELD, and 96% of houses are larger. Note that EPC data is not available for all properties in Ilminster.

5 FAIRFIELD: Plot and Title Map

5 FAIRFIELD sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 5 FAIRFIELD, 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 FAIRFIELD). 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 FAIRFIELD?

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