3, GRASMERE CLOSE, WEMBDON, BRIDGWATER, TA6 7PR - £249,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 GRASMERE CLOSE is a midsized extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £411,893. It was last sold for £249,500 in December 2012, which was around 11% below the average December 2012 detached price in the Somerset local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

3 GRASMERE CLOSE Sold Prices

Land registry data shows two sales for 3 GRASMERE CLOSE 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 3 GRASMERE CLOSE 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
2012 7 DEC	£249,500	£278,900	11% below HPI
2007 13 APR	£250,000	£292,759	15% below HPI

3 GRASMERE 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 two 3 GRASMERE CLOSE sales from April 2007 and December 2012 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 April 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2012 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 GRASMERE CLOSE be worth now?

3 GRASMERE CLOSE might now be worth an estimated £411,893.

This is based on house price inflation of 65.1%, between December 2012 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 65.1% inflationary increase is applied to the most recent sale price for 3 GRASMERE CLOSE of £249,500 on 7th December 2012. For the value to have increased from £249,500 to £411,893 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 GRASMERE CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2012 sale price of £249,500 represented a fair market value for the property.
• The size, condition, and specification of 3 GRASMERE CLOSE has not materially changed since December 2012.

How Large is 3 GRASMERE CLOSE?

3 GRASMERE CLOSE is 115m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% of detached houses houses in Wembdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wembdon, and where 3 GRASMERE CLOSE lies on this distribution: 44% of detached houses houses are smaller than 3 GRASMERE CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Wembdon.

3 GRASMERE CLOSE: Plot and Title Map

3 GRASMERE CLOSE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 3 GRASMERE 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 3 GRASMERE 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 3 GRASMERE CLOSE?

3 GRASMERE CLOSE is located in WEMBDON, in the TA6 postcode district. The below map shows the position of No. 3 on GRASMERE CLOSE.