WALNUT TREE HOUSE, MERLE GARDENS, WEDMORE, BS28 4DR - £870,000

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.

WALNUT TREE HOUSE is a very large extended detached house of 225m², built sometime between 2003 and 2006, which could now be worth an estimated £987,123. It was last sold for £870,000 in May 2021, which was around 120% above the average May 2021 detached price in the Somerset local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

WALNUT TREE HOUSE Sold Prices

Land registry data shows three sales for WALNUT TREE HOUSE 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 WALNUT TREE HOUSE 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
2021 7 MAY	£870,000	£395,538	120% above HPI
2009 30 OCT	£630,000	£274,171	130% above HPI
2006 28 NOV	£625,000	£286,488	118% above HPI

WALNUT TREE HOUSE 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 WALNUT TREE HOUSE sales between November 2006 and May 2021 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 October 2009 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the May 2021 sale, where it falls to 120% above the HPI. The line then continues to track at 120% above the HPI.

What might WALNUT TREE HOUSE be worth now?

WALNUT TREE HOUSE might now be worth an estimated £987,123.

This is based on house price inflation of 13.5%, between May 2021 and June 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 13.5% inflationary increase is applied to the most recent sale price for WALNUT TREE HOUSE of £870,000 on 7th May 2021. For the value to have increased from £870,000 to £987,123 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of WALNUT TREE HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The May 2021 sale price of £870,000 represented a fair market value for the property.
• The size, condition, and specification of WALNUT TREE HOUSE has not materially changed since May 2021.

How Large is WALNUT TREE HOUSE?

WALNUT TREE HOUSE is 225m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 10% of detached houses houses in Wedmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wedmore, and where WALNUT TREE HOUSE lies on this distribution: 91% of detached houses houses are smaller than WALNUT TREE HOUSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Wedmore.

WALNUT TREE HOUSE: Plot and Title Map

WALNUT TREE HOUSE sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of WALNUT TREE HOUSE, 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 WALNUT TREE HOUSE). 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 WALNUT TREE HOUSE?

WALNUT TREE HOUSE is located on MERLE GARDENS in WEDMORE, in the BS28 postcode district. The below map shows the position of WALNUT TREE HOUSE on MERLE GARDENS.