THE CAIRNS, PILCORN STREET, WEDMORE, BS28 4AN - £535,000

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

THE CAIRNS is a large extended detached house of 155m², built sometime between 1950 and 1966. It was last sold for £535,000 in October 2018, which was around 48% above the average October 2018 detached price in the Somerset local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

THE CAIRNS Sold Prices

Land registry data shows two sales for THE CAIRNS 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 THE CAIRNS 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
2018 26 OCT	£535,000	£360,682	48% above HPI
2006 25 MAY	£272,500	£259,723	5% above HPI

THE CAIRNS 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 THE CAIRNS sales from May 2006 and October 2018 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 May 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2018 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is THE CAIRNS?

THE CAIRNS is 155m², which includes three extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses in Wedmore, based on EPC data. The below chart shows the distribution of detached houses by size in Wedmore, and where THE CAIRNS lies on this distribution: 64% of detached houses are smaller than THE CAIRNS, and 36% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

THE CAIRNS: Plot and Title Map

THE CAIRNS sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of THE CAIRNS, 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 THE CAIRNS). 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 THE CAIRNS?

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