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
WEST END COTTAGE is a very small extended detached house of 66m², built sometime before 1900. It was last sold for £235,000 in August 2024, which was around 47% below the average August 2024 detached price in the Somerset local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for WEST END COTTAGE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the five WEST END COTTAGE 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 |
---|---|---|---|
2024 16 AUG | £235,000 | £445,200 | 47% below HPI |
2018 2 MAY | £276,300 | £350,095 | 21% below HPI |
2004 5 MAR | £175,000 | £236,827 | 26% below HPI |
2001 28 FEB | £103,000 | £137,953 | 25% below HPI |
1999 28 MAY | £77,000 | £107,309 | 28% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The five WEST END COTTAGE sales between May 1999 and August 2024 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 May 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2024 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.
WEST END COTTAGE is 66m², which includes two extensions, according to the EPC inspection conducted in April 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 WEST END COTTAGE lies on this distribution: 2% of detached houses are smaller than WEST END COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wedmore.
WEST END COTTAGE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of WEST END COTTAGE, 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 WEST END COTTAGE). 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.
WEST END COTTAGE is located on QUAB LANE in WEDMORE, in the BS28 postcode district. The below map shows the position of WEST END COTTAGE on QUAB LANE.