THE COTTAGE, THE SQUARE, SHIPHAM, WINSCOMBE, BS25 1TN - £440,000

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.

THE COTTAGE is a midsized extended semi-detached house of 128m², built sometime before 1900, which could now be worth an estimated £565,484. It was last sold for £440,000 in June 2019, which was around 95% above the average June 2019 semi-detached price in the Somerset local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was E.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. Two of the three THE COTTAGE sales were for above the average price, whilst one was 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
2019 27 JUN	£440,000	£225,239	95% above HPI
1999 30 JUN	£80,000	£65,744	22% above HPI
1998 18 SEP	£59,000	£63,123	7% below HPI

THE 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 three THE COTTAGE sales between September 1998 and June 2019 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 1999 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2019 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might THE COTTAGE be worth now?

THE COTTAGE might now be worth an estimated £565,484.

This is based on house price inflation of 28.5%, between June 2019 and February 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 28.5% inflationary increase is applied to the most recent sale price for THE COTTAGE of £440,000 on 27th June 2019. For the value to have increased from £440,000 to £565,484 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of THE COTTAGE has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The June 2019 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of THE COTTAGE has not materially changed since June 2019.

How Large is THE COTTAGE?

THE COTTAGE is 128m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the smallest 50% of semi-detached houses houses in Shipham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shipham, and where THE COTTAGE lies on this distribution: 47% of semi-detached houses houses are smaller than THE COTTAGE, and 53% of houses are larger. Note that EPC data is not available for all properties in Shipham.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on THE SQUARE in SHIPHAM, in the BS25 postcode district. The below map shows the position of THE COTTAGE on THE SQUARE.