14, SOUTH MEADOW, SOUTH HORRINGTON VILLAGE, WELLS, BA5 3DJ - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 SOUTH MEADOW is a large detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £437,152. It was last sold for £275,000 in December 2013, which was around 5% below the average December 2013 detached price in the Somerset local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

14 SOUTH MEADOW Sold Prices

Land registry data shows four sales for 14 SOUTH MEADOW 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 14 SOUTH MEADOW 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
2013 2 DEC	£275,000	£288,049	5% below HPI
2002 12 APR	£175,000	£173,950	1% above HPI
1999 31 MAR	£128,000	£109,563	17% above HPI
1996 3 SEP	£94,000	£89,975	4% above HPI

14 SOUTH MEADOW 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 14 SOUTH MEADOW sales between September 1996 and December 2013 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 April 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2013 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 14 SOUTH MEADOW be worth now?

14 SOUTH MEADOW might now be worth an estimated £437,152.

This is based on house price inflation of 59%, between December 2013 and December 2024, 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 59% inflationary increase is applied to the most recent sale price for 14 SOUTH MEADOW of £275,000 on 2nd December 2013. For the value to have increased from £275,000 to £437,152 over the eleven years to December 2024, the following assumptions must hold true:

• The value of 14 SOUTH MEADOW has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2013 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SOUTH MEADOW has not materially changed since December 2013.

How Large is 14 SOUTH MEADOW?

14 SOUTH MEADOW is 114m² according to the EPC inspection conducted in May 2011. This puts it in the largest 40% of detached houses houses in South Horrington, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Horrington, and where 14 SOUTH MEADOW lies on this distribution: 63% of detached houses houses are smaller than 14 SOUTH MEADOW, and 33% of houses are larger. Note that EPC data is not available for all properties in South Horrington.

14 SOUTH MEADOW: Plot and Title Map

14 SOUTH MEADOW sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 14 SOUTH MEADOW, 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 14 SOUTH MEADOW). 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 14 SOUTH MEADOW?

14 SOUTH MEADOW is located in SOUTH HORRINGTON VILLAGE, in the BA5 postcode district. The below map shows the position of No. 14 on SOUTH MEADOW.