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

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

3 DANES LEA is a very small detached house of 67m², built sometime between 1976 and 1982. It was last sold for £250,000 in April 2021, which was around 35% 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	£382,960	35% below HPI
2008 20 JUN	£190,000	£288,558	34% below HPI
1999 7 MAY	£69,000	£107,309	36% 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

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 in Wedmore, based on EPC data. The below chart shows the distribution of detached houses by size in Wedmore, and where 3 DANES LEA lies on this distribution: 2% of detached houses are smaller than 3 DANES LEA, and 98% 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.