Housing Market Analysis for WESTERN LANE, BS40 6EP

Are you looking to understand BS40 6EP house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Mendip postcode.

For the location information and nearby amenities in the BS40 6EP area, explore the BS40 6EP Area information page.
For comprehensive crime statistics in the BS40 6EP area, explore the BS40 6EP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BS40 6EP postcode area, The average prices are as follows,

  • Detached
    • The average price is around £284,500 median price is £284,500 Standard Deviation is £180,500 with Total Sold: 2
    • The most recent sale happened at this postcode is VISTA COTTAGE WESTERN LANE: £465,000 (Sold on 07 Jan 2016)
    • The first recorded sale happened at this postcode is VISTA COTTAGE WESTERN LANE: £104,000 (Sold on 12 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average BS40 6EP house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£465,0001
1996£104,0001

All the Sales in the WESTERN LANE, BS40 6EP

See the table below for more details on the sold house prices in the BS40 6EP, Mendip postcode.

AddressSold DatePrice% Change
VISTA COTTAGE WESTERN LANEDetached, Freehold07 Jan 2016£465,000347.12%
12 Dec 1996£104,000First Sale

Check out the sold house prices near the BS40 6EP postcode. Properties currently for saleProperties currently for rent

WESTERN LANE, BS40 6EP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BS40 6EP postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the BS40 6EP postcode.

  • Detached
    • The average price is around £451,273 median price is £465,000 Standard Deviation is £214,571 with Total Sold: 11
    • The Last 5 Year average price is £650,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , ORCHARD COTTAGE RIDGE LANE: £650,000 (Sold on 27 Oct 2020)
    • The first recorded sale happened at this postcode is , VISTA COTTAGE WESTERN LANE: £104,000 (Sold on 12 Dec 1996)
  • Semi-Detached
    • The average price is around £785,000 median price is £785,000 Standard Deviation is £35,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , SHORTCOMBE BARN RIDGE LANE: £820,000 (Sold on 06 Dec 2016)
    • The first recorded sale happened at this postcode is , SHORTCOMBE BARN RIDGE LANE: £750,000 (Sold on 17 Jun 2010)
  • Terraced
    • The average price is around £860,000 median price is £860,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , SHORTCOMBE FARM HOUSE RIDGE LANE: £860,000 (Sold on 31 Jul 2015)
    • The first recorded sale happened at this postcode is , SHORTCOMBE FARM HOUSE RIDGE LANE: £860,000 (Sold on 31 Jul 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£650,000 £2,159 1
2017£440,000 £2,056 1
2016£617,500 £4,695 2
2014£590,000 £5,315 1
2007£705,000 £3,279 1
2003£520,000 £2,407 1
2002£250,000 £1,363 1
2001£340,0001
1997£130,000 £605 1
1996£104,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£820,000 £3,814 1
2010£750,000 £3,488 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£860,000 £3,981 1

House Type in BS40 6EP area

The most common house types in the BS40 6EP postcode area are Detached (99), Semi-detached (17), and Shared house (3).

Total127
Detached99
Semi-detached17
Shared house3
converted building3
temporary structure3
Terraced2
Flat0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (56), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright56
Owned: Owns with a mortgage or loan33
Private rented: Private landlord or letting agency25
Private rented: Other private rented13
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the BS40 6EP have 2 people in household (47), and 4 people in household (28).

2 people in household47
4 people in household28
1 person in household25
3 people in household16
5 people in household6
6 people in household4
7 people in household1
8 or more people in household1
0 people in household0