1, WESLEY CLOSE, BREAN, BURNHAM-ON-SEA, TA8 2RX - £225,000

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.

1 WESLEY CLOSE is a small extended detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £319,429. It was last sold for £225,000 in November 2015, which was around 29% below the average November 2015 detached price in the Somerset local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

1 WESLEY CLOSE Sold Prices

Land registry data shows three sales for 1 WESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 1 WESLEY CLOSE 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
2015 19 NOV	£225,000	£319,048	29% below HPI
2010 28 JAN	£219,500	£276,236	21% below HPI
2002 12 SEP	£152,500	£201,215	24% below HPI

1 WESLEY CLOSE 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 three 1 WESLEY CLOSE sales between September 2002 and November 2015 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 January 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 WESLEY CLOSE be worth now?

1 WESLEY CLOSE might now be worth an estimated £319,429.

This is based on house price inflation of 42%, between November 2015 and March 2026, 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 42% inflationary increase is applied to the most recent sale price for 1 WESLEY CLOSE of £225,000 on 19th November 2015. For the value to have increased from £225,000 to £319,429 over the eleven years and eight months to March 2026, the following assumptions must hold true:

• The value of 1 WESLEY CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The November 2015 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WESLEY CLOSE has not materially changed since November 2015.

How Large is 1 WESLEY CLOSE?

1 WESLEY CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% of detached houses houses in Brean, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brean, and where 1 WESLEY CLOSE lies on this distribution: 25% of detached houses houses are smaller than 1 WESLEY CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Brean.

1 WESLEY CLOSE: Plot and Title Map

1 WESLEY CLOSE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 1 WESLEY CLOSE, 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 1 WESLEY CLOSE). 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 1 WESLEY CLOSE?

1 WESLEY CLOSE is located in BREAN, in the TA8 postcode district. The below map shows the position of No. 1 on WESLEY CLOSE.