GREEN OAKS, ORCHARD LANE, WEMBDON, BRIDGWATER, TA6 7QY - £215,000

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

GREEN OAKS is a very small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £215,000 in August 2005, which was around 17% below the average August 2005 detached price in the Somerset local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

GREEN OAKS Sold Prices

Land registry data shows three sales for GREEN OAKS 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 GREEN OAKS 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
2005 15 AUG	£215,000	£258,250	17% below HPI
1999 14 MAY	£88,500	£107,309	18% below HPI
1997 26 SEP	£90,000	£96,313	7% below HPI

GREEN OAKS 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 GREEN OAKS sales between September 1997 and August 2005 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 May 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2005 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is GREEN OAKS?

GREEN OAKS is 87m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 20% of detached houses in Wembdon, based on EPC data. The below chart shows the distribution of detached houses by size in Wembdon, and where GREEN OAKS lies on this distribution: 13% of detached houses are smaller than GREEN OAKS, and 86% of houses are larger. Note that EPC data is not available for all properties in Wembdon.

GREEN OAKS: Plot and Title Map

GREEN OAKS sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of GREEN OAKS, 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 GREEN OAKS). 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 GREEN OAKS?

GREEN OAKS is located on ORCHARD LANE in WEMBDON, in the TA6 postcode district. The below map shows the position of GREEN OAKS on ORCHARD LANE.