2, ORCHARD CLOSE, WEDMORE, BS28 4DQ - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 ORCHARD CLOSE is a large detached house of 173m², built sometime between 1996 and 2002. It was last sold for £500,000 in June 2017, which was around 48% above the average June 2017 detached price in the Somerset local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

2 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 2 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 2 ORCHARD 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
2017 14 JUN	£500,000	£337,552	48% above HPI
2001 5 OCT	£305,000	£158,281	93% above HPI
1999 31 AUG	£235,000	£114,801	105% above HPI

2 ORCHARD 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 three 2 ORCHARD CLOSE sales between August 1999 and June 2017 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 October 2001 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the June 2017 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is 173m² according to the EPC inspection conducted in November 2008. This puts it in the largest 30% of detached houses in Wedmore, based on EPC data. The below chart shows the distribution of detached houses by size in Wedmore, and where 2 ORCHARD CLOSE lies on this distribution: 78% of detached houses are smaller than 2 ORCHARD CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

2 ORCHARD CLOSE: Plot and Title Map

2 ORCHARD CLOSE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 2 ORCHARD 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 2 ORCHARD 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 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is located in WEDMORE, in the BS28 postcode district. The below map shows the position of No. 2 on ORCHARD CLOSE.