SUMMERS GRACE, MANOR LANE, WEDMORE, BS28 4EL - £893,000

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.

SUMMERS GRACE is a large extended detached house of 168m², built sometime between 1950 and 1966, which could now be worth an estimated £938,501. It was last sold for £893,000 in March 2022, which was around 104% above the average March 2022 detached price in the Somerset local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

SUMMERS GRACE Sold Prices

Land registry data shows three sales for SUMMERS GRACE 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 SUMMERS GRACE 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 2 MAR	£893,000	£438,106	104% above HPI
2018 23 FEB	£590,000	£360,956	63% above HPI
2005 26 JUL	£347,000	£263,614	32% above HPI

SUMMERS GRACE 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 SUMMERS GRACE sales between July 2005 and March 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 February 2018 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the March 2022 sale, where it rises to 104% above the HPI. The line then continues to track at 104% above the HPI.

What might SUMMERS GRACE be worth now?

SUMMERS GRACE might now be worth an estimated £938,501.

This is based on house price inflation of 5.1%, between March 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 5.1% inflationary increase is applied to the most recent sale price for SUMMERS GRACE of £893,000 on 2nd March 2022. For the value to have increased from £893,000 to £938,501 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of SUMMERS GRACE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The March 2022 sale price of £893,000 represented a fair market value for the property.
• The size, condition, and specification of SUMMERS GRACE has not materially changed since March 2022.

How Large is SUMMERS GRACE?

SUMMERS GRACE is 168m², which includes three extensions, according to the EPC inspection conducted in January 2018. 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 SUMMERS GRACE lies on this distribution: 74% of detached houses houses are smaller than SUMMERS GRACE, and 26% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

SUMMERS GRACE: Plot and Title Map

SUMMERS GRACE sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of SUMMERS GRACE, 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 SUMMERS GRACE). 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 SUMMERS GRACE?

SUMMERS GRACE is located on MANOR LANE in WEDMORE, in the BS28 postcode district. The below map shows the position of SUMMERS GRACE on MANOR LANE.