CORNERWAYS, PILCORN STREET, WEDMORE, BS28 4AW - £465,000

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

CORNERWAYS is a midsized detached house of 135m², built sometime between 1976 and 1982. It was last sold for £465,000 in March 2016, which was around 47% above the average March 2016 detached price in the Somerset local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was C.

CORNERWAYS Sold Prices

Land registry data shows three sales for CORNERWAYS 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 CORNERWAYS 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
2016 22 MAR	£465,000	£315,704	47% above HPI
2009 4 AUG	£395,000	£258,800	53% above HPI
1999 1 SEP	£170,000	£118,005	44% above HPI

CORNERWAYS 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 CORNERWAYS sales between September 1999 and March 2016 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 August 2009 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the March 2016 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 135m² according to the EPC inspection conducted in May 2009. 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 CORNERWAYS lies on this distribution: 47% of detached houses are smaller than CORNERWAYS, and 53% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on PILCORN STREET in WEDMORE, in the BS28 postcode district. The below map shows the position of CORNERWAYS on PILCORN STREET.