DOWNSIDE COTTAGE, WELLS ROAD, CHILCOMPTON, RADSTOCK, BA3 4ET - £460,000

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.

DOWNSIDE COTTAGE is a midsized extended semi-detached house of 94m², built sometime between 1900 and 1929, which could now be worth an estimated £476,737. It was last sold for £460,000 in August 2024, which was around 65% above the average August 2024 semi-detached price in the Somerset local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

DOWNSIDE COTTAGE Sold Prices

Land registry data shows five sales for DOWNSIDE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. All of the five DOWNSIDE 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
2024 21 AUG	£460,000	£278,244	65% above HPI
2006 6 OCT	£295,000	£178,270	65% above HPI
2005 5 APR	£270,000	£162,386	66% above HPI
2002 15 NOV	£225,000	£120,069	87% above HPI
1997 12 DEC	£108,000	£58,834	84% above HPI

DOWNSIDE COTTAGE 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 DOWNSIDE COTTAGE sales between December 1997 and August 2024 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 October 2006 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the August 2024 sale, which was also at 65% above the HPI.

What might DOWNSIDE COTTAGE be worth now?

DOWNSIDE COTTAGE might now be worth an estimated £476,737.

This is based on house price inflation of 3.6%, between August 2024 and May 2026, 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 3.6% inflationary increase is applied to the most recent sale price for DOWNSIDE COTTAGE of £460,000 on 21st August 2024. For the value to have increased from £460,000 to £476,737 over the two years and three months to May 2026, the following assumptions must hold true:

• The value of DOWNSIDE COTTAGE has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The August 2024 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of DOWNSIDE COTTAGE has not materially changed since August 2024.

How Large is DOWNSIDE COTTAGE?

DOWNSIDE COTTAGE is 94m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 50% of semi-detached houses in Chilcompton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Chilcompton, and where DOWNSIDE COTTAGE lies on this distribution: 44% of semi-detached houses are smaller than DOWNSIDE COTTAGE, and 54% of semi-detached houses are larger. Note that EPC data is not available for all properties in Chilcompton.

Where is DOWNSIDE COTTAGE?

DOWNSIDE COTTAGE is located on WELLS ROAD in CHILCOMPTON, in the BA3 postcode district.