THE ELMS, RECTORY WAY, LYMPSHAM, WESTON-SUPER-MARE, BS24 0EW - £440,000

THE ELMS is a midsized extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £440,000 in January 2019, which was around 23% above the average January 2019 detached price in the Somerset local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

THE ELMS Sold Prices

Land registry data shows two sales for THE ELMS 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 ELMS 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
2019 28 JAN	£440,000	£358,974	23% above HPI
2003 20 NOV	£350,000	£228,235	53% above HPI

THE ELMS 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 two THE ELMS sales from November 2003 and January 2019 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 November 2003 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the January 2019 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is THE ELMS?

THE ELMS is 147m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of detached houses in Lympsham, based on EPC data. The below chart shows the distribution of detached houses by size in Lympsham, and where THE ELMS lies on this distribution: 43% of detached houses are smaller than THE ELMS, and 57% of houses are larger. Note that EPC data is not available for all properties in Lympsham.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of THE ELMS, 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 ELMS). 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 ELMS?

THE ELMS is located on RECTORY WAY in LYMPSHAM, in the BS24 postcode district. The below map shows the position of THE ELMS on RECTORY WAY.