THE OLD CORN MILL, COMBE BATCH, WEDMORE, BS28 4DU - £535,000

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.

THE OLD CORN MILL is a detached house, which could now be worth an estimated £797,487. It was last sold for £535,000 in October 2007, which was around 74% above the average October 2007 detached price in the Somerset local authority area.

THE OLD CORN MILL Sold Prices

Land registry data shows two sales for THE OLD CORN MILL 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 THE OLD CORN MILL sales were for above 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
2007 5 OCT	£535,000	£307,472	74% above HPI
2003 28 FEB	£295,000	£214,302	38% above HPI

What might THE OLD CORN MILL be worth now?

THE OLD CORN MILL might now be worth an estimated £797,487.

This is based on house price inflation of 49.1%, between October 2007 and May 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 49.1% inflationary increase is applied to the most recent sale price for THE OLD CORN MILL of £535,000 on 5th October 2007. For the value to have increased from £535,000 to £797,487 over the nineteen years and five months to May 2026, the following assumptions must hold true:

• The value of THE OLD CORN MILL has moved in line with the HPI for detached houses in the Somerset local authority area.
• The October 2007 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD CORN MILL has not materially changed since October 2007.

Where is THE OLD CORN MILL?

THE OLD CORN MILL is located on COMBE BATCH in WEDMORE, in the BS28 postcode district.