ORCHARDS, SAND ROAD, WEDMORE, BS28 4BY - £632,500

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

ORCHARDS is a midsized extended detached house of 145m², built sometime between 1930 and 1949. It was last sold for £632,500 in January 2022, which was around 52% above the average January 2022 detached price in the Somerset local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was C.

ORCHARDS Sold Prices

Land registry data shows three sales for ORCHARDS 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 ORCHARDS 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
2022 14 JAN	£632,500	£416,657	52% above HPI
2015 22 DEC	£495,000	£310,097	60% above HPI
2002 4 SEP	£249,000	£195,071	28% above HPI

ORCHARDS 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 ORCHARDS sales between September 2002 and January 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 December 2015 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the January 2022 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is ORCHARDS?

ORCHARDS is 145m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 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 ORCHARDS lies on this distribution: 56% of detached houses are smaller than ORCHARDS, and 41% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

ORCHARDS: Plot and Title Map

ORCHARDS sits on a plot of roughly 0.243 of an acre, or 984m². The below map shows the location of ORCHARDS, 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 ORCHARDS). 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 ORCHARDS?

ORCHARDS is located on SAND ROAD in WEDMORE, in the BS28 postcode district. The below map shows the position of ORCHARDS on SAND ROAD.