2, RISEDALE CLOSE, WEMBDON, BRIDGWATER, TA6 7QD - £274,000

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.

2 RISEDALE CLOSE is a small extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £355,392. It was last sold for £274,000 in June 2017, which was around 21% below the average June 2017 detached price in the Somerset local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.

2 RISEDALE CLOSE Sold Prices

Land registry data shows three sales for 2 RISEDALE 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 2 RISEDALE 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
2017 30 JUN	£274,000	£348,183	21% below HPI
2016 1 AUG	£262,500	£334,183	21% below HPI
1999 23 APR	£103,425	£110,389	6% below HPI

2 RISEDALE 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 2 RISEDALE CLOSE sales between April 1999 and June 2017 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 August 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2017 sale, which was also at 21% below the HPI.

What might 2 RISEDALE CLOSE be worth now?

2 RISEDALE CLOSE might now be worth an estimated £355,392.

This is based on house price inflation of 29.7%, between June 2017 and March 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 29.7% inflationary increase is applied to the most recent sale price for 2 RISEDALE CLOSE of £274,000 on 30th June 2017. For the value to have increased from £274,000 to £355,392 over the eight years and three months to March 2025, the following assumptions must hold true:

• The value of 2 RISEDALE CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2017 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RISEDALE CLOSE has not materially changed since June 2017.

How Large is 2 RISEDALE CLOSE?

2 RISEDALE CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% of detached houses houses in Wembdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wembdon, and where 2 RISEDALE CLOSE lies on this distribution: 36% of detached houses houses are smaller than 2 RISEDALE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Wembdon.

2 RISEDALE CLOSE: Plot and Title Map

2 RISEDALE CLOSE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 2 RISEDALE 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 2 RISEDALE 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 2 RISEDALE CLOSE?

2 RISEDALE CLOSE is located in WEMBDON, in the TA6 postcode district. The below map shows the position of No. 2 on RISEDALE CLOSE.