HILL CREST, MUDGLEY ROAD, WEDMORE, BS28 4DH - £380,000

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

HILL CREST is a small extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £380,000 in May 2015, which was around 28% above the average May 2015 detached price in the Somerset local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was C.

HILL CREST Sold Prices

Land registry data shows three sales for HILL CREST 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 HILL CREST 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 18 MAY	£380,000	£297,166	28% above HPI
2011 21 APR	£310,000	£270,088	15% above HPI
1999 26 FEB	£128,000	£106,106	21% above HPI

HILL CREST 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 HILL CREST sales between February 1999 and May 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 April 2011 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2015 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is HILL CREST?

HILL CREST is 117m², which includes three extensions, according to the EPC inspection conducted in January 2024. This puts it in the smallest 40% of detached houses in Wedmore, based on EPC data. The below chart shows the distribution of detached houses by size in Wedmore, and where HILL CREST lies on this distribution: 33% of detached houses are smaller than HILL CREST, and 66% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

HILL CREST: Plot and Title Map

HILL CREST sits on a plot of roughly 0.217 of an acre, or 879m². The below map shows the location of HILL CREST, 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 HILL CREST). 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 HILL CREST?

HILL CREST is located on MUDGLEY ROAD in WEDMORE, in the BS28 postcode district. The below map shows the position of HILL CREST on MUDGLEY ROAD.