FERN COTTAGE, SAND ROAD, WEDMORE, BS28 4BX - £375,000

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

FERN COTTAGE is a very small extended detached house of 60m², built sometime before 1900. It was last sold for £375,000 in April 2015, which was around 27% above the average April 2015 detached price in the Somerset local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was E.

FERN COTTAGE Sold Prices

Land registry data shows three sales for FERN COTTAGE 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 FERN COTTAGE 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
2015 24 APR	£375,000	£294,702	27% above HPI
2005 11 AUG	£310,000	£258,250	20% above HPI
1998 24 JUN	£150,000	£101,549	48% above HPI

FERN COTTAGE 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 FERN COTTAGE sales between June 1998 and April 2015 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 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2015 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is FERN COTTAGE?

FERN COTTAGE is 60m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Wedmore, based on EPC data. The below chart shows the distribution of detached houses by size in Wedmore, and where FERN COTTAGE lies on this distribution: 1% of detached houses are smaller than FERN COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

FERN COTTAGE: Plot and Title Map

FERN COTTAGE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of FERN COTTAGE, 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 FERN COTTAGE). 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 FERN COTTAGE?

FERN COTTAGE is located on SAND ROAD in WEDMORE, in the BS28 postcode district. The below map shows the position of FERN COTTAGE on SAND ROAD.