LERBURN PLACE, THE LERBURNE, WEDMORE, BS28 4ED - £750,000

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

LERBURN PLACE is a midsized extended detached house of 133m², built sometime before 1900. It was last sold for £750,000 in March 2023, which was around 67% above the average March 2023 detached price in the Somerset local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

LERBURN PLACE Sold Prices

Land registry data shows four sales for LERBURN PLACE since 1st 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. All of the four LERBURN PLACE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2023
6 MAR
£750,000£448,405
up arrow
67% above HPI
2018
26 JAN
£400,000£348,563
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15% above HPI
2002
9 SEP
£272,500£195,071
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40% above HPI
1997
12 SEP
£135,000£96,313
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40% above HPI

LERBURN PLACE 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 LERBURN PLACE sales between September 1997 and March 2023 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 January 2018 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2023 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

LERBURN PLACE, THE LERBURNE, WEDMORE, BS28 4ED: Price paid vs HM Land Registry's House Price Index

How Large is LERBURN PLACE?

LERBURN PLACE is 133m², which includes one extension, according to the EPC inspection conducted in October 2008. 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 LERBURN PLACE lies on this distribution: 44% of detached houses are smaller than LERBURN PLACE, and 56% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

LERBURN PLACE, THE LERBURNE, WEDMORE, BS28 4ED: Size of property relative to detached houses in Wedmore

LERBURN PLACE: Plot and Title Map

LERBURN PLACE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of LERBURN PLACE, 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 LERBURN PLACE). 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.

LERBURN PLACE, THE LERBURNE, WEDMORE, BS28 4ED: Plot and title map

Where is LERBURN PLACE?

LERBURN PLACE is located on THE LERBURNE in WEDMORE, in the BS28 postcode district. The below map shows the position of LERBURN PLACE on THE LERBURNE.

LERBURN PLACE, THE LERBURNE, WEDMORE, BS28 4ED: Location map and indicative extent of plot

All sales of detached houses on THE LERBURNE

LERBURN PLACE, THE LERBURNE, WEDMORE, BS28 4ED
2023
6 MAR
£750,000
LERBURN PLACE, THE LERBURNE, WEDMORE, BS28 4ED
2018
26 JAN
£400,000
9, THE LERBURNE, WEDMORE, BS28 4ED
2015
21 SEP
£382,500
5, THE LERBURNE, WEDMORE, BS28 4ED
2014
3 JAN
£370,000
THE BARN, 3, THE LERBURNE, WEDMORE, BS28 4ED
2013
18 DEC
£420,000
STADDLESTONES, THE LERBURNE, WEDMORE, BS28 4ED
2010
5 NOV
£317,500
5, THE LERBURNE, WEDMORE, BS28 4ED
2007
19 OCT
£400,000
THE BARN, 3, THE LERBURNE, WEDMORE, BS28 4ED
2007
10 AUG
£361,200
LERBURN PLACE, THE LERBURNE, WEDMORE, BS28 4ED
2002
9 SEP
£272,500
LERBURN PLACE, THE LERBURNE, WEDMORE, BS28 4ED
1997
12 SEP
£135,000
CONNIFER CROFT, THE LERBURNE, WEDMORE, BS28 4ED
1996
25 OCT
£80,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.