THE CHESTNUTS, WEST END, WEDMORE, BS28 4BA - £510,000

THE CHESTNUTS is a large detached house of 159m², built sometime between 1996 and 2002. It was last sold for £510,000 in June 2016, which was around 60% above the average June 2016 detached price in the Somerset local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

THE CHESTNUTS Sold Prices

Land registry data shows three sales for THE CHESTNUTS 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 THE CHESTNUTS 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
2016 22 JUN	£510,000	£318,088	60% above HPI
2005 30 SEP	£420,000	£258,316	63% above HPI
2000 3 MAR	£249,950	£126,129	98% above HPI

THE CHESTNUTS 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 THE CHESTNUTS sales between March 2000 and June 2016 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 September 2005 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the June 2016 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 159m² according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses in Wedmore, based on EPC data. The below chart shows the distribution of detached houses by size in Wedmore, and where THE CHESTNUTS lies on this distribution: 64% of detached houses are smaller than THE CHESTNUTS, and 36% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of THE CHESTNUTS, 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 THE CHESTNUTS). 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 THE CHESTNUTS?

THE CHESTNUTS is located on WEST END in WEDMORE, in the BS28 postcode district. The below map shows the position of THE CHESTNUTS on WEST END.