17, DANES LEA, WEDMORE, BS28 4AX - £355,000

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.

17 DANES LEA is a small extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £412,707. It was last sold for £355,000 in March 2021, which was around 10% below the average March 2021 detached price in the Somerset local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

17 DANES LEA Sold Prices

Land registry data shows two sales for 17 DANES LEA 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 17 DANES LEA 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
2021 22 MAR	£355,000	£396,049	10% below HPI
1999 8 NOV	£122,000	£125,068	2% below HPI

17 DANES LEA 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 17 DANES LEA sales from November 1999 and March 2021 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 November 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 17 DANES LEA be worth now?

17 DANES LEA might now be worth an estimated £412,707.

This is based on house price inflation of 16.3%, between March 2021 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 16.3% inflationary increase is applied to the most recent sale price for 17 DANES LEA of £355,000 on 22nd March 2021. For the value to have increased from £355,000 to £412,707 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 17 DANES LEA has moved in line with the HPI for detached houses in the Somerset local authority area.
• The March 2021 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 17 DANES LEA has not materially changed since March 2021.

How Large is 17 DANES LEA?

17 DANES LEA is 108m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of detached houses houses in Wedmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wedmore, and where 17 DANES LEA lies on this distribution: 21% of detached houses houses are smaller than 17 DANES LEA, and 78% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

17 DANES LEA: Plot and Title Map

17 DANES LEA sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 17 DANES LEA, 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 17 DANES LEA). 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 17 DANES LEA?

17 DANES LEA is located in WEDMORE, in the BS28 postcode district. The below map shows the position of No. 17 on DANES LEA.