2, ORCHARD LEA, WEDMORE, BS28 4AJ - £710,000

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.

2 ORCHARD LEA is a large extended detached house of 170m², built sometime between 1976 and 1982, which could now be worth an estimated £728,100. It was last sold for £710,000 in June 2023, which was around 58% above the average June 2023 detached price in the Somerset local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

2 ORCHARD LEA Sold Prices

Land registry data shows three sales for 2 ORCHARD LEA 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 LEA 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
2023 29 JUN	£710,000	£448,983	58% above HPI
2011 8 JUL	£488,000	£280,648	74% above HPI
2010 6 OCT	£300,000	£286,834	5% above HPI

2 ORCHARD 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 three 2 ORCHARD LEA sales between October 2010 and June 2023 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 July 2011 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the June 2023 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 2 ORCHARD LEA be worth now?

2 ORCHARD LEA might now be worth an estimated £728,100.

This is based on house price inflation of 2.5%, between June 2023 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 2.5% inflationary increase is applied to the most recent sale price for 2 ORCHARD LEA of £710,000 on 29th June 2023. For the value to have increased from £710,000 to £728,100 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 2 ORCHARD LEA has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2023 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ORCHARD LEA has not materially changed since June 2023.

How Large is 2 ORCHARD LEA?

2 ORCHARD LEA is 170m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 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 2 ORCHARD LEA lies on this distribution: 74% of detached houses houses are smaller than 2 ORCHARD LEA, and 24% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

2 ORCHARD LEA: Plot and Title Map

2 ORCHARD LEA sits on a plot of roughly 0.242 of an acre, or 979m². The below map shows the location of 2 ORCHARD 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 2 ORCHARD 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 2 ORCHARD LEA?

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