2, Orchard Lea
2, Orchard Lea
Description & Estimates
2, Orchard Lea, Wedmore is recorded publicly as a mid-century freehold house across 1,829 ft2 of internal area, sitting on a 980 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Orchard Lea, Wedmore is £666,663 and its rental estimate is £1,886 per month, given the available information and assuming reasonable condition.
Orchard Lea, Wedmore, BS28 falls within the BS28 postal district.
Our Data Sources
2, Orchard Lea, Wedmore has 3 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Orchard Lea, Wedmore, we estimate a market value of £699,996 and a rental value of £1,980 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £619,997 and £1,754 per month respectively.
Recent Market Change
Over the last year, 2, Orchard Lea, Wedmore has seen its estimated sale value move down by £10,143 (1.5%) and its estimated rental value increase by £47 per month (2.5%). This results in an estimated gross rental yield of 3.4%.
Plot Size
HM Land Registry records the plot of land for 2, Orchard Lea, Wedmore as measuring 980 m2.
Energy Efficiency
2, Orchard Lea, Wedmore has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Orchard Lea, Wedmore completed on 29th June 2023 at £710,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 31.8% over the period since June 2023.
- Sold Jun 2023£710,000
- Sold Jul 2011£488,000
- Sold Oct 2010£300,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Orchard Lea, Wedmore have sold within a radius of 5.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th December 2023, was 16, Saxon Way, Wedmore, BS28 4AG, a freehold house which sold for £688,000.
Read more about house prices in BS28.
- Sold Dec 2023£688,000 | 4 Bed House16, Saxon Way, Wedmore, BS28 4AG16, Saxon Way, Wedmore, BS28 4AG
- Sold Aug 2023£725,000 | 4 Bed HouseThe Cottage, West End, Wedmore, BS28 4BWThe Cottage, West End, Wedmore, BS28 4BW
- Sold Sep 2019£625,000 | 4 Bed HouseThe Farmhouse, West End, Wedmore, BS28 4BWThe Farmhouse, West End, Wedmore, BS28 4BW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 2 addresses on Orchard Lea, Wedmore, BS28, 2, Orchard Lea, Wedmore comes out as the largest and the most expensive in our analysis of the public data.
It is also £322k more expensive than the average property across the BS28 district.
More reading links
Schools Nearby
- 500mWedmore First School Academy
- 5.7kmDraycott & Rodney Stoke Church of England First School
- 5.9kmWeare Academy First School
- 6.0kmThe Kings of Wessex Academy
- 10.5kmSt Dunstan's School
- 11.2kmThe Blue School
More reading links
Public Transport Nearby
From 2, Orchard Lea, Wedmore, the nearest station is Highbridge & Burnham, 11.0 kilometres away.
- 11.0kmHighbridge & Burnham
- 16.2kmWorle
- 16.4kmBridgwater
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
