THE CHESTNUTS, WELLSWAY, BLACKFORD, WEDMORE, BS28 4NE - £745,000

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 CHESTNUTS is a small extended detached house of 159m², built sometime before 1900. It was last sold for £745,000 in December 2020, which was around 92% above the average December 2020 detached price in the Somerset local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

THE CHESTNUTS Sold Prices

Land registry data shows four sales for THE CHESTNUTS 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 THE CHESTNUTS 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
2020 18 DEC	£745,000	£387,898	92% above HPI
2019 26 JUL	£710,000	£358,993	98% above HPI
1999 1 APR	£200,000	£107,019	87% above HPI
1997 5 DEC	£175,000	£97,751	79% above HPI

THE CHESTNUTS 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 THE CHESTNUTS sales between December 1997 and December 2020 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 July 2019 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the December 2020 sale, where it falls to 92% above the HPI. The line then continues to track at 92% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 159m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses in Blackford, based on EPC data. The below chart shows the distribution of detached houses by size in Blackford, and where THE CHESTNUTS lies on this distribution: 33% of detached houses are smaller than THE CHESTNUTS, and 67% of houses are larger. Note that EPC data is not available for all properties in Blackford.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 0.730 of an acre, or 2,955m². The below map shows the location of THE CHESTNUTS, 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 CHESTNUTS). 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 CHESTNUTS?

THE CHESTNUTS is located on WELLSWAY in BLACKFORD, in the BS28 postcode district. The below map shows the position of THE CHESTNUTS on WELLSWAY.