WAYSIDE, WADEFORD, CHARD, TA20 3AP - £203,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WAYSIDE is a very small detached house of 78m², built sometime before 1900, which could now be worth an estimated £251,584. It was last sold for £203,000 in June 2020, which was around 45% below the average June 2020 detached price in the Somerset local authority area. The most recent EPC inspection was August 2017, where the current energy rating was F, and the potential energy rating was A.

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. Both of the two WAYSIDE 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
2020 15 JUN	£203,000	£371,515	45% below HPI
2016 19 FEB	£173,000	£324,606	47% 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 February 2016 and June 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 February 2016 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2020 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might WAYSIDE be worth now?

WAYSIDE might now be worth an estimated £251,584.

This is based on house price inflation of 23.9%, between June 2020 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.9% inflationary increase is applied to the most recent sale price for WAYSIDE of £203,000 on 15th June 2020. For the value to have increased from £203,000 to £251,584 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of WAYSIDE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2020 sale price of £203,000 represented a fair market value for the property.
• The size, condition, and specification of WAYSIDE has not materially changed since June 2020.

How Large is WAYSIDE?

WAYSIDE is 78m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses houses in Wadeford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wadeford, and where WAYSIDE lies on this distribution: 3% of detached houses houses are smaller than WAYSIDE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wadeford.

WAYSIDE: Plot and Title Map

WAYSIDE sits on a plot of roughly 0.055 of an acre, or 223m². 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 in WADEFORD, in the TA20 postcode district. The below map shows the position of WAYSIDE in WADEFORD.