53, CANAL WAY, ILMINSTER, TA19 9DS - £182,500

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.

53 CANAL WAY is a very small terraced house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £263,004. It was last sold for £182,500 in March 2016, which was around 12% above the average March 2016 terraced price in the Somerset local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

53 CANAL WAY Sold Prices

Land registry data shows three sales for 53 CANAL WAY 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 53 CANAL WAY 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
2016 31 MAR	£182,500	£162,491	12% above HPI
2007 16 MAR	£165,000	£152,644	8% above HPI
2002 5 JUL	£99,000	£86,056	15% above HPI

53 CANAL WAY 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 53 CANAL WAY sales between July 2002 and March 2016 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 March 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2016 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 53 CANAL WAY be worth now?

53 CANAL WAY might now be worth an estimated £263,004.

This is based on house price inflation of 44.1%, between March 2016 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 44.1% inflationary increase is applied to the most recent sale price for 53 CANAL WAY of £182,500 on 31st March 2016. For the value to have increased from £182,500 to £263,004 over the eight years and five months to October 2025, the following assumptions must hold true:

• The value of 53 CANAL WAY has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The March 2016 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 53 CANAL WAY has not materially changed since March 2016.

How Large is 53 CANAL WAY?

53 CANAL WAY is 71m² according to the EPC inspection conducted in June 2015. 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 53 CANAL WAY lies on this distribution: 3% of terraced houses houses are smaller than 53 CANAL WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Ilminster.

53 CANAL WAY: Plot and Title Map

53 CANAL WAY sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 53 CANAL WAY, 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 53 CANAL WAY). 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 53 CANAL WAY?

53 CANAL WAY is located in ILMINSTER, in the TA19 postcode district. The below map shows the position of No. 53 on CANAL WAY.