WAYSIDE, MILL LANE, WEDMORE, BS28 4DN - £370,000

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

WAYSIDE is a very small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £370,000 in September 2018, which was around 3% above the average September 2018 detached price in the Somerset local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

WAYSIDE Sold Prices

Land registry data shows two sales for WAYSIDE 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. One of the two WAYSIDE sales was for above the average price, whilst the other was 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
2018 4 SEP	£370,000	£360,854	3% above HPI
2000 16 JUN	£130,000	£133,339	3% below HPI

WAYSIDE 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 WAYSIDE sales from June 2000 and September 2018 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 June 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is WAYSIDE?

WAYSIDE is 90m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 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 WAYSIDE lies on this distribution: 9% of detached houses are smaller than WAYSIDE, and 91% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

WAYSIDE: Plot and Title Map

WAYSIDE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of WAYSIDE, 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 WAYSIDE). 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 WAYSIDE?

WAYSIDE is located on MILL LANE in WEDMORE, in the BS28 postcode district. The below map shows the position of WAYSIDE on MILL LANE.