WALNUT TREE COTTAGE, LOWER STREET, WEST CHINNOCK, CREWKERNE, TA18 7PT - £485,000

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.

WALNUT TREE COTTAGE is a large detached house of 162m², built sometime between 1983 and 1990, which could now be worth an estimated £585,876. It was last sold for £485,000 in June 2020, which was around 31% above the average June 2020 detached price in the Somerset local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was D.

WALNUT TREE COTTAGE Sold Prices

Land registry data shows three sales for WALNUT TREE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three WALNUT TREE 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
2020 25 JUN	£485,000	£371,515	31% above HPI
2005 24 OCT	£365,000	£265,974	37% above HPI
1996 12 NOV	£125,000	£89,817	39% above HPI

WALNUT TREE 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 three WALNUT TREE COTTAGE sales between November 1996 and June 2020 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 2005 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2020 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might WALNUT TREE COTTAGE be worth now?

WALNUT TREE COTTAGE might now be worth an estimated £585,876.

This is based on house price inflation of 20.8%, between June 2020 and June 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 20.8% inflationary increase is applied to the most recent sale price for WALNUT TREE COTTAGE of £485,000 on 25th June 2020. For the value to have increased from £485,000 to £585,876 over the five years to June 2025, the following assumptions must hold true:

• The value of WALNUT TREE COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2020 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of WALNUT TREE COTTAGE has not materially changed since June 2020.

How Large is WALNUT TREE COTTAGE?

WALNUT TREE COTTAGE is 162m² according to the EPC inspection conducted in October 2017. This puts it in the largest 30% of detached houses houses in West Chinnock, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Chinnock, and where WALNUT TREE COTTAGE lies on this distribution: 73% of detached houses houses are smaller than WALNUT TREE COTTAGE, and 27% of houses are larger. Note that EPC data is not available for all properties in West Chinnock.

WALNUT TREE COTTAGE: Plot and Title Map

WALNUT TREE COTTAGE sits on a plot of roughly 0.178 of an acre, or 722m². The below map shows the location of WALNUT TREE 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 WALNUT TREE 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 WALNUT TREE COTTAGE?

WALNUT TREE COTTAGE is located on LOWER STREET in WEST CHINNOCK, in the TA18 postcode district. The below map shows the position of WALNUT TREE COTTAGE on LOWER STREET.