Prospect Cottage, Ilminster
Prospect Cottage, Ilminster
Description & Estimates
Prospect Cottage, Ilminster is recorded publicly as a period freehold house across 1,603 ft2 of internal area, sitting on a 491 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Prospect Cottage, Ilminster is £512,103 and its rental estimate is £1,841 per month, given the available information and assuming reasonable condition.
Dowlish Wake, Ilminster, TA19 falls within the TA19 postal district.
Our Data Sources
Prospect Cottage, Ilminster has a single entry in the Land Registry from August 2020 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Prospect Cottage, Ilminster, we estimate a market value of £537,709 and a rental value of £1,933 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £476,256 and £1,712 per month respectively.
Recent Market Change
Over the last year, Prospect Cottage, Ilminster has seen its estimated sale value decline by £2,351 (0.5%) and its estimated rental value climb by £39 per month (2.1%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for Prospect Cottage, Ilminster as measuring 491 m2.
That makes it the 9th largest plot in the postcode, where 16 of the 38 other houses have recorded plot data.
Energy Efficiency
Prospect Cottage, Ilminster has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 22 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Prospect Cottage, Ilminster completed on 14th August 2020 at £460,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 0.6% over the period since August 2020.
- Sold Aug 2020£460,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Prospect Cottage, Ilminster have sold within a radius of 2.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th April 2022, was Highlands, Ilminster, TA19 0NZ, a freehold house which sold for £620,000.
Read more about house prices in TA19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 74 addresses on Dowlish Wake, Ilminster, TA19, Prospect Cottage, Ilminster comes out as the 41st largest and the 41st most expensive in our analysis of the public data.
It is also £170k more expensive than the average property across the TA19 district.
More reading links
Schools Nearby
- 2.5kmHerne View Church of England Primary
- 4.4kmHinton St George Church of England Primary School
- 5.2kmAvishayes Community Primary School
- 6.3kmHolyrood Academy
- 7.7kmWadham School
- 12.5kmStanchester Academy
More reading links
Public Transport Nearby
From Prospect Cottage, Ilminster, the nearest station is Crewkerne, 8.8 kilometres away.
- 8.8kmCrewkerne
- 16.5kmAxminster
- 19.6kmYeovil Junction
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
