14, SEDGEMOOR CLOSE, LYMPSHAM, WESTON-SUPER-MARE, BS24 0AF - £445,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 SEDGEMOOR CLOSE is a small detached house of 119m², built in 2020, which could now be worth an estimated £446,835. It was last sold for £445,000 in July 2022, which was around 3% below the average July 2022 detached price in the Somerset local authority area. The most recent EPC inspection was January 2022, where the current energy rating was B, and the potential energy rating was A.

14 SEDGEMOOR CLOSE Sold Prices

Land registry data shows two sales for 14 SEDGEMOOR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 14 SEDGEMOOR CLOSE sales were for below 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
2022 7 JUL	£445,000	£458,538	3% below HPI
2020 3 JUN	£280,000	£371,515	25% below HPI

14 SEDGEMOOR 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 two 14 SEDGEMOOR CLOSE sales from June 2020 and July 2022 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 2020 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 14 SEDGEMOOR CLOSE be worth now?

14 SEDGEMOOR CLOSE might now be worth an estimated £446,835.

This is based on house price inflation of 0.4%, between July 2022 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.4% inflationary increase is applied to the most recent sale price for 14 SEDGEMOOR CLOSE of £445,000 on 7th July 2022. For the value to have increased from £445,000 to £446,835 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 14 SEDGEMOOR CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The July 2022 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SEDGEMOOR CLOSE has not materially changed since July 2022.

How Large is 14 SEDGEMOOR CLOSE?

14 SEDGEMOOR CLOSE is 119m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses houses in Lympsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lympsham, and where 14 SEDGEMOOR CLOSE lies on this distribution: 25% of detached houses houses are smaller than 14 SEDGEMOOR CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Lympsham.

Where is 14 SEDGEMOOR CLOSE?

14 SEDGEMOOR CLOSE is located in LYMPSHAM, in the BS24 postcode district. The below map shows the position of No. 14 on SEDGEMOOR CLOSE.