3, DANES LEA, WEDMORE, BS28 4AX - £250,000

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.

3 DANES LEA is a very small detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £291,395. It was last sold for £250,000 in April 2021, which was around 37% below the average April 2021 detached price in the Somerset local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

3 DANES LEA Sold Prices

Land registry data shows three sales for 3 DANES 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 3 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 21 APR	£250,000	£395,021	37% below HPI
2008 20 JUN	£190,000	£297,646	36% below HPI
1999 7 MAY	£69,000	£110,688	38% below HPI

3 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 three 3 DANES LEA sales between May 1999 and April 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 June 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 3 DANES LEA be worth now?

3 DANES LEA might now be worth an estimated £291,395.

This is based on house price inflation of 16.6%, between April 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 16.6% inflationary increase is applied to the most recent sale price for 3 DANES LEA of £250,000 on 21st April 2021. For the value to have increased from £250,000 to £291,395 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 3 DANES LEA has moved in line with the HPI for detached houses in the Somerset local authority area.
• The April 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DANES LEA has not materially changed since April 2021.

How Large is 3 DANES LEA?

3 DANES LEA is 67m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% 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 3 DANES LEA lies on this distribution: 3% of detached houses houses are smaller than 3 DANES LEA, and 97% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

3 DANES LEA: Plot and Title Map

3 DANES LEA sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 3 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 3 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 3 DANES LEA?

3 DANES LEA is located in WEDMORE, in the BS28 postcode district. The below map shows the position of No. 3 on DANES LEA.