According to the public record, 2 Lake Cottage, Frome is a early-century freehold house and with 484 ft2 of internal area and sits on a 242 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Berry Hill, Nunney, Frome, BA11 is located in the borough of Mendip within the BA11 postal district.
2 Lake Cottage, Frome has a single entry in the Land Registry database from March 2014 and a single entry in the EPC database dated October 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Lake Cottage Frome as £187,293 and the rental value as £841 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 2 Lake Cottage Frome has increased by £4,492 (2.4%) and its rental value has increased by £61 per month (7.3%).
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 Lake Cottage, Frome is in very good condition we estimate a sale value of £196,657 and rental value of £883 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,182 and a rental value of £782 per month.
If you were able to purchase this property for the estimated value of £187,293, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £920 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2 Lake Cottage, Frome sits on a plot of 242m2.
We have plot size data on 12 out of 20 other houses in the postcode and 2 Lake Cottage, Frome sits on the 10th largest plot.
According to HM Land Registry, 2 Lake Cottage, Frome was last sold on 31 Mar 2014 for £117,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2014, the market for similar properties has risen 66.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 30m radius of 2 Lake Cottage, Frome over the last 2 years.
The most recent example is 2, Berry Hill, Frome, BA11 4NR, a Freehold house which sold for £230,000 in Jan 2023.
Read more about house prices in BA11.
Berry Hill, Nunney, Frome, BA11 has a total of 22 addresses. According to our analysis of all the public data, 2 Lake Cottage, Frome is the 22nd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £173k less expensive than the average property in BA11.
2 Lake Cottage, Frome has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 2 Lake Cottage, Frome is Frome station which is 5.1 km away.
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 Lake Cottage, Frome, 52.5% of property is privately owned outright and 22.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 Lake Cottage, Frome, 13.6% of residents are recorded as possessing school level qualifications and 50.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 Lake Cottage, Frome, the average age was 45.4 and the most common age was 57.
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 Lake Cottage, Frome, 0.4% 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 Lake Cottage, Frome, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.