ARCHERY CLOSE, BUTTS WAY, MILVERTON, TAUNTON, TA4 1LY - £350,000

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.

ARCHERY CLOSE is a very small extended detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £339,652. It was last sold for £350,000 in February 2023, which was around 25% below the average February 2023 detached price in the Somerset local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

ARCHERY CLOSE Sold Prices

Land registry data shows five sales for ARCHERY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the five ARCHERY CLOSE 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
2023 1 FEB	£350,000	£465,370	25% below HPI
2011 22 JUL	£220,000	£280,648	22% below HPI
2005 16 MAY	£213,000	£261,036	18% below HPI
2001 9 JUL	£113,500	£155,796	27% below HPI
1997 24 NOV	£85,000	£100,326	15% below HPI

ARCHERY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The five ARCHERY CLOSE sales between November 1997 and February 2023 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 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might ARCHERY CLOSE be worth now?

ARCHERY CLOSE might now be worth an estimated £339,652.

This is based on house price deflation of 3%, between February 2023 and March 2025, for 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 3% deflationary decrease is applied to the most recent sale price for ARCHERY CLOSE of £350,000 on 1st February 2023. For the value to have decreased from £350,000 to £339,652 over the one year and eleven months to March 2025, the following assumptions must hold true:

• The value of ARCHERY CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of ARCHERY CLOSE has not materially changed since February 2023.

How Large is ARCHERY CLOSE?

ARCHERY CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses houses in Milverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milverton, and where ARCHERY CLOSE lies on this distribution: 9% of detached houses houses are smaller than ARCHERY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Milverton.

ARCHERY CLOSE: Plot and Title Map

ARCHERY CLOSE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of ARCHERY 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 ARCHERY 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 ARCHERY CLOSE?

ARCHERY CLOSE is located on BUTTS WAY in MILVERTON, in the TA4 postcode district. The below map shows the position of ARCHERY CLOSE on BUTTS WAY.