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

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 LILACS is a large extended detached house of 162m², built sometime before 1900. It was last sold for £460,000 in October 2010, which was around 65% 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	£278,076	65% above HPI
2005 20 OCT	£370,000	£257,853	43% above HPI
2002 27 MAR	£299,000	£164,620	82% 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 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2010 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

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 in Wedmore, based on EPC data. The below chart shows the distribution of detached houses by size in Wedmore, and where THE LILACS lies on this distribution: 67% of detached houses are smaller than THE LILACS, and 32% 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.