ORCHARD FURLONG, LATCHAM, WEDMORE, BS28 4SA - £400,000

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.

ORCHARD FURLONG is a very small extended detached house of 64m², built sometime before 1900, which could now be worth an estimated £413,052. It was last sold for £400,000 in May 2022, which was around 10% below the average May 2022 detached price in the Somerset local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was D.

ORCHARD FURLONG Sold Prices

Land registry data shows two sales for ORCHARD FURLONG 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 ORCHARD FURLONG 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
2022 16 MAY	£400,000	£445,880	10% below HPI
2010 30 JUN	£215,000	£281,008	23% below HPI

ORCHARD FURLONG 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 ORCHARD FURLONG sales from June 2010 and May 2022 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 June 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might ORCHARD FURLONG be worth now?

ORCHARD FURLONG might now be worth an estimated £413,052.

This is based on house price inflation of 3.3%, between May 2022 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 3.3% inflationary increase is applied to the most recent sale price for ORCHARD FURLONG of £400,000 on 16th May 2022. For the value to have increased from £400,000 to £413,052 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of ORCHARD FURLONG has moved in line with the HPI for detached houses in the Somerset local authority area.
• The May 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD FURLONG has not materially changed since May 2022.

How Large is ORCHARD FURLONG?

ORCHARD FURLONG is 64m², which includes two extensions, according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of detached houses houses in Wedmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wedmore, and where ORCHARD FURLONG lies on this distribution: 2% of detached houses houses are smaller than ORCHARD FURLONG, and 98% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

ORCHARD FURLONG: Plot and Title Map

ORCHARD FURLONG sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of ORCHARD FURLONG, 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 ORCHARD FURLONG). 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 ORCHARD FURLONG?

ORCHARD FURLONG is located in LATCHAM, in the BS28 postcode district. The below map shows the position of ORCHARD FURLONG in LATCHAM.