4, INWOOD ROAD, WEMBDON, BRIDGWATER, TA6 7PW - £246,000

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.

4 INWOOD ROAD is a small extended detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £306,145. It was last sold for £246,000 in February 2019, which was around 34% below the average February 2019 detached price in the Somerset local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was B.

4 INWOOD ROAD Sold Prices

Land registry data shows three sales for 4 INWOOD ROAD 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 4 INWOOD ROAD 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
2019 22 FEB	£246,000	£369,974	34% below HPI
2007 6 JUN	£249,950	£297,571	16% below HPI
1999 9 SEP	£107,000	£121,722	12% below HPI

4 INWOOD ROAD 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 4 INWOOD ROAD sales between September 1999 and February 2019 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 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 4 INWOOD ROAD be worth now?

4 INWOOD ROAD might now be worth an estimated £306,145.

This is based on house price inflation of 24.4%, between February 2019 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 24.4% inflationary increase is applied to the most recent sale price for 4 INWOOD ROAD of £246,000 on 22nd February 2019. For the value to have increased from £246,000 to £306,145 over the six years to February 2025, the following assumptions must hold true:

• The value of 4 INWOOD ROAD has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2019 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 4 INWOOD ROAD has not materially changed since February 2019.

How Large is 4 INWOOD ROAD?

4 INWOOD ROAD is 98m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% 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 4 INWOOD ROAD lies on this distribution: 20% of detached houses houses are smaller than 4 INWOOD ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Wembdon.

4 INWOOD ROAD: Plot and Title Map

4 INWOOD ROAD sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 4 INWOOD ROAD, 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 4 INWOOD ROAD). 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 4 INWOOD ROAD?

4 INWOOD ROAD is located in WEMBDON, in the TA6 postcode district. The below map shows the position of No. 4 on INWOOD ROAD.