IVEDON, HIGHER COOMBSES, CHARD, TA20 2SY - £287,500

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.

IVEDON is a midsized extended detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £354,053. It was last sold for £287,500 in November 2018, which was around 23% below the average November 2018 detached price in the Somerset local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

IVEDON Sold Prices

Land registry data shows two sales for IVEDON since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two IVEDON 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
2018 14 NOV	£287,500	£372,173	23% below HPI
2006 21 JUN	£175,000	£271,305	35% below HPI

IVEDON 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 two IVEDON sales from June 2006 and November 2018 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 June 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2018 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might IVEDON be worth now?

IVEDON might now be worth an estimated £354,053.

This is based on house price inflation of 23.1%, between November 2018 and May 2026, 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 23.1% inflationary increase is applied to the most recent sale price for IVEDON of £287,500 on 14th November 2018. For the value to have increased from £287,500 to £354,053 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of IVEDON has moved in line with the HPI for detached houses in the Somerset local authority area.
• The November 2018 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of IVEDON has not materially changed since November 2018.

How Large is IVEDON?

IVEDON is 122m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 50% of detached houses houses in Tatworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tatworth, and where IVEDON lies on this distribution: 59% of detached houses houses are smaller than IVEDON, and 40% of houses are larger. Note that EPC data is not available for all properties in Tatworth.

IVEDON: Plot and Title Map

IVEDON sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of IVEDON, 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 IVEDON). 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 IVEDON?

IVEDON is located on HIGHER COOMBSES in CHARD, in the TA20 postcode district. The below map shows the position of IVEDON on HIGHER COOMBSES.