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According to the public record, 2, The Mead, Ilminster is a mid-century freehold house with 1,001 ft2 of internal area and sits on a 245 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Mead, Ilminster is £262,749 and the estimated rental value is £1,368 per month.
The Mead, Ilminster, TA19 is located within the TA19 postal district.
2, The Mead, Ilminster has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, The Mead, Ilminster is in very good condition we estimate a sale value of £275,886 and a rental value of £1,436 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,356 and a rental value of £1,272 per month.
Over the last 12 months the sale value of 2 The Mead Ilminster has increased by an estimated £3,126 (1.2%) and its rental value has increased by an estimated £77 per month (5.7%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 2, The Mead, Ilminster sits on a plot of 245m2.
We have plot size data on 15 out of 16 other houses in the postcode and 2, The Mead, Ilminster sits on the 3rd largest plot.
2, The Mead, Ilminster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, The Mead, Ilminster was last sold on 11th August 2023 for £272,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2023, the market for similar properties has risen 22.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Mead, Ilminster within a radius of 730 metres over the last 2 years.
The most recent example is 80, Herne Rise, Ilminster, TA19 0HL, a freehold house which sold for £270,000 on the 24th July 2024.
Read more about house prices in TA19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Mead, Ilminster, TA19 has a total of 88 addresses. According to our analysis of all the public data, 2, The Mead, Ilminster is the 2nd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in TA19.
The closest station to 2, The Mead, Ilminster is Crewkerne station which is 11.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, The Mead, Ilminster, 46.4% of property is privately owned outright and 28.0% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, The Mead, Ilminster, 10.6% of residents are recorded as possessing school level qualifications and 25.4% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, The Mead, Ilminster, the average age was 47.1 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, The Mead, Ilminster, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, The Mead, Ilminster, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.