3, HERVEY CLOSE, WEDMORE, BS28 4AU - £249,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 HERVEY CLOSE is a very small detached house of 105m², built sometime between 1976 and 1982. It was last sold for £249,950 in July 2004, which was about the average July 2004 detached price in the Somerset local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

3 HERVEY CLOSE Sold Prices

Land registry data shows two sales for 3 HERVEY 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. One of the two 3 HERVEY CLOSE sales was roughly equal to the average price, whilst the other was 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
2004 16 JUL	£249,950	£249,209	Close to HPI
1998 5 MAR	£112,500	£99,917	13% above HPI

3 HERVEY 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 HERVEY CLOSE sales from March 1998 and July 2004 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 March 1998 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2004 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 3 HERVEY CLOSE?

3 HERVEY CLOSE is 105m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% 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 HERVEY CLOSE lies on this distribution: 18% of detached houses are smaller than 3 HERVEY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

3 HERVEY CLOSE: Plot and Title Map

3 HERVEY CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 3 HERVEY 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 HERVEY 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 HERVEY CLOSE?

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