SPENCERS COTTAGE, QUAB LANE, WEDMORE, BS28 4AS - £635,000

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.

SPENCERS COTTAGE is a large extended detached house of 170m², built sometime before 1900, which could now be worth an estimated £733,649. It was last sold for £635,000 in June 2021, which was around 59% above the average June 2021 detached price in the Somerset local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

SPENCERS COTTAGE Sold Prices

Land registry data shows two sales for SPENCERS COTTAGE 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 SPENCERS COTTAGE 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
2021 25 JUN	£635,000	£398,518	59% above HPI
2013 23 AUG	£450,000	£284,504	58% above HPI

SPENCERS COTTAGE 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 SPENCERS COTTAGE sales from August 2013 and June 2021 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 August 2013 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the June 2021 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might SPENCERS COTTAGE be worth now?

SPENCERS COTTAGE might now be worth an estimated £733,649.

This is based on house price inflation of 15.5%, between June 2021 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 15.5% inflationary increase is applied to the most recent sale price for SPENCERS COTTAGE of £635,000 on 25th June 2021. For the value to have increased from £635,000 to £733,649 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of SPENCERS COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2021 sale price of £635,000 represented a fair market value for the property.
• The size, condition, and specification of SPENCERS COTTAGE has not materially changed since June 2021.

How Large is SPENCERS COTTAGE?

SPENCERS COTTAGE is 170m², which includes three extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 30% 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 SPENCERS COTTAGE lies on this distribution: 74% of detached houses houses are smaller than SPENCERS COTTAGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

SPENCERS COTTAGE: Plot and Title Map

SPENCERS COTTAGE sits on a plot of roughly 0.176 of an acre, or 714m². The below map shows the location of SPENCERS COTTAGE, 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 SPENCERS COTTAGE). 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 SPENCERS COTTAGE?

SPENCERS COTTAGE is located on QUAB LANE in WEDMORE, in the BS28 postcode district. The below map shows the position of SPENCERS COTTAGE on QUAB LANE.