THE PARKS, PLUD STREET, WEDMORE, BS28 4BQ - £950,000

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 PARKS is a very large extended detached house of 366m², built sometime before 1900. It was last sold for £950,000 in March 2020, which was around 161% above the average March 2020 detached price in the Somerset local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

THE PARKS Sold Prices

Land registry data shows three sales for THE PARKS 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 PARKS 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 24 MAR	£950,000	£363,777	161% above HPI
2000 30 AUG	£580,000	£137,757	321% above HPI
1998 16 MAR	£230,000	£99,917	130% above HPI

THE PARKS 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 PARKS sales between March 1998 and March 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 August 2000 sale was for 321% above the HPI. So the extrapolation line tracks at 321% above the HPI over time, until the March 2020 sale, where it falls to 161% above the HPI. The line then continues to track at 161% above the HPI.

How Large is THE PARKS?

THE PARKS is 366m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 10% 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 PARKS lies on this distribution: 98% of detached houses are smaller than THE PARKS, and 2% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

THE PARKS: Plot and Title Map

THE PARKS sits on a plot of roughly 1.3 acres, or 5,141m². The below map shows the location of THE PARKS, 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 PARKS). 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 PARKS?

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