CHERRY COTTAGE, MILL LANE, BECKINGTON, FROME, BA11 6SN - £425,000

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.

CHERRY COTTAGE is a very small semi-detached house of 90m², which could now be worth an estimated £430,838. It was last sold for £425,000 in August 2022, which was around 49% above the average August 2022 semi-detached price in the Somerset local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

CHERRY COTTAGE Sold Prices

Land registry data shows two sales for CHERRY COTTAGE 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 CHERRY COTTAGE 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
2022 12 AUG	£425,000	£285,445	49% above HPI
2017 15 SEP	£370,000	£216,267	71% above HPI

CHERRY COTTAGE 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 CHERRY COTTAGE sales from September 2017 and August 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 September 2017 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the August 2022 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might CHERRY COTTAGE be worth now?

CHERRY COTTAGE might now be worth an estimated £430,838.

This is based on house price inflation of 1.4%, between August 2022 and August 2025, 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 1.4% inflationary increase is applied to the most recent sale price for CHERRY COTTAGE of £425,000 on 12th August 2022. For the value to have increased from £425,000 to £430,838 over the three years to August 2025, the following assumptions must hold true:

• The value of CHERRY COTTAGE has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The August 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY COTTAGE has not materially changed since August 2022.

How Large is CHERRY COTTAGE?

CHERRY COTTAGE is 90m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of semi-detached houses houses in Beckington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Beckington, and where CHERRY COTTAGE lies on this distribution: 5% of semi-detached houses houses are smaller than CHERRY COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Beckington.

CHERRY COTTAGE: Plot and Title Map

CHERRY COTTAGE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of CHERRY COTTAGE, 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 CHERRY COTTAGE). 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 CHERRY COTTAGE?

CHERRY COTTAGE is located on MILL LANE in BECKINGTON, in the BA11 postcode district. The below map shows the position of CHERRY COTTAGE on MILL LANE.