3, Merryfield Lane
3, Merryfield Lane
Description & Estimates
Public records show 3, Merryfield Lane, Ilminster to be a period freehold house with 1,463 ft2 of internal area, sitting on a 1,065 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Merryfield Lane, Ilminster has an estimated sale value of £384,024 and an estimated rental value of £1,558 per month, assuming reasonable condition and based on the information available.
Merryfield Lane, Ilton, Ilminster, TA19 lies within the TA19 postal district.
Our Data Sources
3, Merryfield Lane, Ilminster has 2 entries in the Land Registry , most recently in January 2016 and a single entry in the EPC database dated May 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 3, Merryfield Lane, Ilminster would be worth £403,225, with a potential rental value of £1,636 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £357,142, with a rental value of £1,449 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Merryfield Lane, Ilminster has declined by £1,763 (0.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £33 (2.1%). The property's estimated gross yield is currently 4.9%.
Plot Size
3, Merryfield Lane, Ilminster occupies a 1,065 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
3, Merryfield Lane, Ilminster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
3, Merryfield Lane, Ilminster last changed hands on 29th January 2016, selling for £305,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 56.8% since January 2016.
- Sold Jan 2016£305,000
- Sold Aug 2010£202,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.8 kilometres of 3, Merryfield Lane, Ilminster across the last 2 years.
Most recently, 2, Hawthorn Road, Ilminster, TA19 9FR, a freehold house, sold at £365,000 on the 12th October 2023.
Read more about house prices in TA19.
- Sold Oct 2023£365,000 | 4 Bed House2, Hawthorn Road, Ilminster, TA19 9FR2, Hawthorn Road, Ilminster, TA19 9FR
- Sold Jan 2021£293,750 | 4 Bed House4, Hawthorn Road, Ilminster, TA19 9FR4, Hawthorn Road, Ilminster, TA19 9FR
- Sold Mar 2019£275,000 | 4 Bed House5, Hawthorn Road, Ilminster, TA19 9FR5, Hawthorn Road, Ilminster, TA19 9FR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Merryfield Lane, Ilminster as the largest and the 3rd most expensive of the 10 addresses on Merryfield Lane, Ilton, Ilminster, TA19.
Against the TA19 postcode district average, it is £42k more expensive than the typical property.
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Schools Nearby
- 400mSt Mary's & St Peter's Church School
- 2.6kmAshill Community Primary School
- 2.8kmNeroche Primary School
- 8.7kmHolyrood Academy
- 12.2kmWadham School
- 12.4kmHuish Episcopi Academy
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Public Transport Nearby
Crewkerne station is the nearest stop to 3, Merryfield Lane, Ilminster at 13.7 kilometres away.
- 13.7kmCrewkerne
- 14.6kmTaunton
- 19.9kmAxminster
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
