THE TOWER, DOWNHALL DRIVE, WEMBDON, BRIDGWATER, TA6 7RT - £140,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE TOWER is a small detached house of 100m², built sometime before 1900. It was last sold for £140,000 in May 2023, which was around 68% below the average May 2023 detached price in the Somerset local authority area. The most recent EPC inspection was July 2019, where the current energy rating was G, and the potential energy rating was C.

THE TOWER Sold Prices

Land registry data shows two sales for THE TOWER 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 TOWER sales were for below 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
2023 12 MAY	£140,000	£438,467	68% below HPI
1997 29 AUG	£75,000	£95,508	21% below HPI

THE TOWER 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 TOWER sales from August 1997 and May 2023 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 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2023 sale, where it falls to 68% below the HPI. The line then continues to track at 68% below the HPI.

How Large is THE TOWER?

THE TOWER is 100m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% of detached houses in Wembdon, based on EPC data. The below chart shows the distribution of detached houses by size in Wembdon, and where THE TOWER lies on this distribution: 24% of detached houses are smaller than THE TOWER, and 75% of houses are larger. Note that EPC data is not available for all properties in Wembdon.

THE TOWER: Plot and Title Map

THE TOWER sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of THE TOWER, 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 TOWER). 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 TOWER?

THE TOWER is located on DOWNHALL DRIVE in WEMBDON, in the TA6 postcode district. The below map shows the position of THE TOWER on DOWNHALL DRIVE.