THE LILACS, PILCORN STREET, WEDMORE, BS28 4AN - £460,000

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.

THE LILACS is a large extended detached house of 162m², built sometime before 1900, which could now be worth an estimated £738,397. It was last sold for £460,000 in October 2010, which was around 60% above the average October 2010 detached price in the Somerset local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

THE LILACS Sold Prices

Land registry data shows three sales for THE LILACS 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 THE LILACS 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
2010 8 OCT	£460,000	£286,834	60% above HPI
2005 20 OCT	£370,000	£265,974	39% above HPI
2002 27 MAR	£299,000	£169,804	76% above HPI

THE LILACS 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 THE LILACS sales between March 2002 and October 2010 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 2005 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the October 2010 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might THE LILACS be worth now?

THE LILACS might now be worth an estimated £738,397.

This is based on house price inflation of 60.5%, between October 2010 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 60.5% inflationary increase is applied to the most recent sale price for THE LILACS of £460,000 on 8th October 2010. For the value to have increased from £460,000 to £738,397 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of THE LILACS has moved in line with the HPI for detached houses in the Somerset local authority area.
• The October 2010 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of THE LILACS has not materially changed since October 2010.

How Large is THE LILACS?

THE LILACS is 162m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 40% 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 THE LILACS lies on this distribution: 68% of detached houses houses are smaller than THE LILACS, and 31% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

THE LILACS: Plot and Title Map

THE LILACS sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of THE LILACS, 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 LILACS). 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 LILACS?

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