1, HERVEY CLOSE, WEDMORE, BS28 4AU - £430,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 HERVEY CLOSE is a small extended detached house of 121m², built sometime from 2007 onwards. It was last sold for £430,000 in November 2020, which was around 12% above the average November 2020 detached price in the Somerset local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

1 HERVEY CLOSE Sold Prices

Land registry data shows four sales for 1 HERVEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Most of the four 1 HERVEY CLOSE 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 20 NOV	£430,000	£383,665	12% above HPI
2016 9 JUN	£385,000	£318,088	21% above HPI
2012 10 DEC	£339,000	£270,385	25% above HPI
2000 30 MAY	£127,000	£131,307	3% below HPI

1 HERVEY CLOSE 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 four 1 HERVEY CLOSE sales between May 2000 and November 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 June 2016 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 1 HERVEY CLOSE?

1 HERVEY CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses in Wedmore, based on EPC data. The below chart shows the distribution of detached houses by size in Wedmore, and where 1 HERVEY CLOSE lies on this distribution: 36% of detached houses are smaller than 1 HERVEY CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

1 HERVEY CLOSE: Plot and Title Map

1 HERVEY CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 1 HERVEY CLOSE, 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 1 HERVEY CLOSE). 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 1 HERVEY CLOSE?

1 HERVEY CLOSE is located in WEDMORE, in the BS28 postcode district. The below map shows the position of No. 1 on HERVEY CLOSE.