PIPPINS, PILCORN STREET, WEDMORE, BS28 4AW - £600,000

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

PIPPINS is a very large detached house of 189m², built sometime between 1983 and 1990. It was last sold for £600,000 in March 2016, which was around 90% above the average March 2016 detached price in the Somerset local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was C.

PIPPINS Sold Prices

Land registry data shows four sales for PIPPINS since 1^st 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 PIPPINS 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
2016 22 MAR	£600,000	£315,704	90% above HPI
2012 25 OCT	£420,000	£275,212	53% above HPI
2004 27 AUG	£360,000	£251,719	43% above HPI
1998 22 MAY	£130,000	£100,608	29% above HPI

PIPPINS 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 PIPPINS sales between May 1998 and March 2016 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 October 2012 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the March 2016 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is PIPPINS?

PIPPINS is 189m² according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses in Wedmore, based on EPC data. The below chart shows the distribution of detached houses by size in Wedmore, and where PIPPINS lies on this distribution: 82% of detached houses are smaller than PIPPINS, and 18% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

PIPPINS: Plot and Title Map

PIPPINS sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of PIPPINS, 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 PIPPINS). 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 PIPPINS?

PIPPINS is located on PILCORN STREET in WEDMORE, in the BS28 postcode district. The below map shows the position of PIPPINS on PILCORN STREET.