CHAPEL HOUSE, COMBE BATCH, WEDMORE, BS28 4DU - £500,000

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

CHAPEL HOUSE is a midsized extended detached house of 129m², built sometime between 2003 and 2006. It was last sold for £500,000 in February 2024, which was around 15% above the average February 2024 detached price in the Somerset local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

CHAPEL HOUSE Sold Prices

Land registry data shows four sales for CHAPEL HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Most of the four CHAPEL HOUSE sales were 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
2024 26 FEB	£500,000	£434,462	15% above HPI
2005 15 FEB	£318,000	£251,714	26% above HPI
2004 12 MAY	£300,000	£241,963	24% above HPI
2002 9 JAN	£50,000	£161,282	69% below HPI

CHAPEL HOUSE 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 four CHAPEL HOUSE sales between January 2002 and February 2024 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 February 2005 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2024 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is CHAPEL HOUSE?

CHAPEL HOUSE is 129m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 50% of detached houses in Wedmore, based on EPC data. The below chart shows the distribution of detached houses by size in Wedmore, and where CHAPEL HOUSE lies on this distribution: 40% of detached houses are smaller than CHAPEL HOUSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

CHAPEL HOUSE: Plot and Title Map

CHAPEL HOUSE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of CHAPEL HOUSE, 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 CHAPEL HOUSE). 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 CHAPEL HOUSE?

CHAPEL HOUSE is located on COMBE BATCH in WEDMORE, in the BS28 postcode district. The below map shows the position of CHAPEL HOUSE on COMBE BATCH.