MEDLARS, MILVERTON, TAUNTON, TA4 1QZ - £350,001

MEDLARS is a small detached house of 110m², built sometime between 1967 and 1975. It was last sold for £350,001 in November 2014, which was around 20% above the average November 2014 detached price in the Somerset local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

MEDLARS Sold Prices

Land registry data shows two sales for MEDLARS 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 MEDLARS 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
2014 20 NOV	£350,001	£292,151	20% above HPI
1996 1 MAY	£100,000	£83,646	20% above HPI

MEDLARS 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 MEDLARS sales from May 1996 and November 2014 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 May 1996 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2014 sale, which was also at 20% above the HPI.

How Large is MEDLARS?

MEDLARS is 110m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 40% of detached houses in Milverton, based on EPC data. The below chart shows the distribution of detached houses by size in Milverton, and where MEDLARS lies on this distribution: 38% of detached houses are smaller than MEDLARS, and 62% of houses are larger. Note that EPC data is not available for all properties in Milverton.

MEDLARS: Plot and Title Map

MEDLARS sits on a plot of roughly 0.450 of an acre, or 1,822m². The below map shows the location of MEDLARS, 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 MEDLARS). 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 MEDLARS?

MEDLARS is located in MILVERTON, in the TA4 postcode district. The below map shows the position of MEDLARS in MILVERTON.