2 Springfield Cottages Ward Lane

    2 SPRINGFIELD COTTAGES, WARD LANE, CHEDZOY, BRIDGWATER, TA7 8RN

    This terraced freehold property on Ward Lane last sold in September 2023 for £260,000. Based on price growth in the TA7 district since then, its estimated current value is £313,477 — placing it in the 52nd percentile nationally and the 36th percentile within TA7. The property covers 66 m² (710 sq ft), giving an estimated value of £4,750 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £260,000

    Sept 2023

    Estimated Valuation

    £313,477

    Est. £/sq ft

    £441/sq ft

    £4,750/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fueloil (not community)
    EPC currentD
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateMay 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    29 Sept 2023

    £260,000

    13 Jul 2018

    £168,500

    Key Metrics

    Estimated valuation£313,477
    Value per sq ft / m²£441/sq ft (£4,750/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TA7 district percentile36th percentile
    National percentile52nd percentile

    District Context — TA7

    TA7 covers Burnham-on-Sea and surrounding coastal areas in Somerset, positioned on the Bristol Channel coast. It is a predominantly residential and seaside community that appeals to retirees and those seeking a quieter pace of life.

    Average Property Price - TA7

    £405,063

    68

    National percentile

    Average Net Household Income - TA7

    £39,035

    54

    National percentile

    10-Year Annualised Price Growth - TA7

    5.4%

    93

    National percentile

    10-Year Annualised Rent Growth - TA

    3.5%

    23

    National percentile

    View full analysis for TA7

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