MELCOMBE HOUSE, BLEAK STREET, PEN SELWOOD, WINCANTON, BA9 8LZ - £735,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MELCOMBE HOUSE is a very large extended detached house of 273m², built sometime before 1900, which could now be worth an estimated £1,149,536. It was last sold for £735,000 in May 2014, which was around 150% above the average May 2014 detached price in the Somerset local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.

MELCOMBE HOUSE Sold Prices

Land registry data shows two sales for MELCOMBE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two MELCOMBE HOUSE 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
2014 30 MAY	£735,000	£294,393	150% above HPI
1995 19 SEP	£213,000	£86,797	145% above HPI

MELCOMBE HOUSE 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 two MELCOMBE HOUSE sales from September 1995 and May 2014 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 September 1995 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the May 2014 sale, where it rises to 150% above the HPI. The line then continues to track at 150% above the HPI.

What might MELCOMBE HOUSE be worth now?

MELCOMBE HOUSE might now be worth an estimated £1,149,536.

This is based on house price inflation of 56.4%, between May 2014 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.4% inflationary increase is applied to the most recent sale price for MELCOMBE HOUSE of £735,000 on 30th May 2014. For the value to have increased from £735,000 to £1,149,536 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of MELCOMBE HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The May 2014 sale price of £735,000 represented a fair market value for the property.
• The size, condition, and specification of MELCOMBE HOUSE has not materially changed since May 2014.

How Large is MELCOMBE HOUSE?

MELCOMBE HOUSE is 273m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 10% of detached houses houses in Penselwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penselwood, and where MELCOMBE HOUSE lies on this distribution: 95% of detached houses houses are smaller than MELCOMBE HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Penselwood.

MELCOMBE HOUSE: Plot and Title Map

MELCOMBE HOUSE sits on a plot of roughly 1.5 acres, or 6,064m². The below map shows the location of MELCOMBE HOUSE, 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 MELCOMBE HOUSE). 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 MELCOMBE HOUSE?

MELCOMBE HOUSE is located on BLEAK STREET in PEN SELWOOD, in the BA9 postcode district. The below map shows the position of MELCOMBE HOUSE on BLEAK STREET.