SILVERTREES, WOOTTON COURTENAY, MINEHEAD, TA24 8RF - £810,000

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.

SILVERTREES is a very large extended detached house of 286m², built sometime between 1950 and 1966, which could now be worth an estimated £824,602. It was last sold for £810,000 in May 2023, which was around 79% above the average May 2023 detached price in the Somerset local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was C.

SILVERTREES Sold Prices

Land registry data shows four sales for SILVERTREES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four SILVERTREES 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
2023 4 MAY	£810,000	£452,276	79% above HPI
2010 8 SEP	£585,000	£286,453	104% above HPI
2006 23 AUG	£540,000	£281,196	92% above HPI
1996 13 DEC	£215,000	£89,931	139% above HPI

SILVERTREES 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 four SILVERTREES sales between December 1996 and May 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 September 2010 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the May 2023 sale, where it falls to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might SILVERTREES be worth now?

SILVERTREES might now be worth an estimated £824,602.

This is based on house price inflation of 1.8%, between May 2023 and February 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 1.8% inflationary increase is applied to the most recent sale price for SILVERTREES of £810,000 on 4th May 2023. For the value to have increased from £810,000 to £824,602 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of SILVERTREES has moved in line with the HPI for detached houses in the Somerset local authority area.
• The May 2023 sale price of £810,000 represented a fair market value for the property.
• The size, condition, and specification of SILVERTREES has not materially changed since May 2023.

How Large is SILVERTREES?

SILVERTREES is 286m², which includes three extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses houses in Wootton Courtenay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wootton Courtenay, and where SILVERTREES lies on this distribution: 97% of detached houses houses are smaller than SILVERTREES, and 3% of houses are larger. Note that EPC data is not available for all properties in Wootton Courtenay.

SILVERTREES: Plot and Title Map

SILVERTREES sits on a plot of roughly 0.831 of an acre, or 3,362m². The below map shows the location of SILVERTREES, 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 SILVERTREES). 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 SILVERTREES?

SILVERTREES is located in WOOTTON COURTENAY, in the TA24 postcode district. The below map shows the position of SILVERTREES in WOOTTON COURTENAY.