THREE ELMS, WELLSWAY, BLACKFORD, WEDMORE, BS28 4NE - £400,000

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

THREE ELMS is a large extended detached house of 216m², built sometime from 2007 onwards. It was last sold for £400,000 in July 2011, which was around 47% above the average July 2011 detached price in the Somerset local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was B.

THREE ELMS Sold Prices

Land registry data shows two sales for THREE ELMS 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 THREE ELMS 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
2011 19 JUL	£400,000	£272,079	47% above HPI
2005 22 NOV	£360,000	£254,972	41% above HPI

THREE ELMS 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 THREE ELMS sales from November 2005 and July 2011 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 November 2005 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the July 2011 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is THREE ELMS?

THREE ELMS is 216m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 30% of detached houses in Blackford, based on EPC data. The below chart shows the distribution of detached houses by size in Blackford, and where THREE ELMS lies on this distribution: 74% of detached houses are smaller than THREE ELMS, and 26% of houses are larger. Note that EPC data is not available for all properties in Blackford.

THREE ELMS: Plot and Title Map

THREE ELMS sits on a plot of roughly 2.2 acres, or 8,974m². The below map shows the location of THREE ELMS, 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 THREE ELMS). 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 THREE ELMS?

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