Somerset House Prices: What the Latest Figures Reveal

How much is a home in Somerset really worth? The answer depends on where it is, what type of property it is and what buyers have recently been prepared to pay. Looking at the county as a whole can be useful, but the differences between individual towns reveal a more interesting picture of the Somerset property market.

For anyone considering a move, these figures offer a starting point for understanding local prices — and why a headline average should never be mistaken for a valuation of your own home.

Yeovil, Wells and Somerton: a striking difference

Recent sold-price figures show a clear gap between three Somerset towns. The median sold prices over the latest available 12-month periods were:

• Yeovil: £246,500, from 808 recorded sales.

• Wells: £330,000, from 254 recorded sales.

• Somerton: £365,000, from 127 recorded sales.

  
  

The median is the midpoint of the recorded sales: half were above it and half below. It is not the same as an average asking price, and it does not mean every property in a town is worth anything close to that amount.

The differences nevertheless highlight how much local circumstances matter. Property types, the condition of homes coming to market and the number of transactions all influence the figures. A smaller terraced house and a substantial detached family home occupy very different parts of the market, even if they are in the same town.

The wider Somerset property market

Official figures from the Office for National Statistics put the average house price in Somerset at £282,000 in July 2026, an increase of 3.1% compared with July 2025.

The same figures show how widely prices vary by property type:

• Detached homes: £460,000

• Semi-detached homes: £289,000

• Terraced houses: £234,000

• Flats and maisonettes: £136,000

  
  

This helps explain why a single figure cannot tell the whole story. If a greater proportion of detached houses sells during one period, the overall average may rise. If more flats or smaller terraced homes change hands, the average may be lower.

There is also a difference between the figures used here. The ONS figure is an average for the Somerset local authority area, whereas the town figures are medians drawn from recorded sales. They provide different perspectives on the market and should not be compared as though they measure exactly the same thing.

Why location matters when valuing a property

Even within one town, two apparently similar properties can attract different prices. Buyers may place considerable importance on parking, garden space, condition, transport connections and proximity to local amenities. The age and layout of a property can matter just as much as its postcode.

The mix of homes available also differs from place to place. Where one area has more detached houses and another has a larger number of terraces and flats, their headline price figures are likely to differ.

For sellers, recent completed sales of comparable properties can provide a more useful guide than a broad town or county average. Ideally, comparisons should involve homes of a similar type and size, in a similar location, that have sold relatively recently.

For buyers researching house prices in Yeovil, Wells, Somerton or elsewhere in Somerset, this approach can help put an asking price into context.

Are house prices in Somerset going up?

The latest official annual comparison cited above shows an increase in the average price across Somerset. However, that county-wide movement should not be taken as proof that every town or property type has experienced the same change.

The number of transactions matters, too. Yeovil’s 808 recorded sales provide a much larger sample than Somerton’s 127. In a smaller market, a change in the types of properties sold can have a greater effect on the median.

It is therefore worth looking beyond a single percentage increase or decrease. Recent completed sales, the properties competing for buyers and the characteristics of the home in question all help explain what is happening locally.

Buying or selling a home in Somerset

If you are selling, look at comparable properties that have actually sold, as well as the homes currently competing with yours. An asking price is what a seller hopes to achieve; a completed sale shows what a buyer ultimately agreed to pay.

If you are buying, a price below the local median does not automatically make a property a bargain. The building’s condition, potential maintenance costs and any legal or practical issues should all form part of your assessment.

Conveyancing is an important part of the process. Checking the legal title, reviewing search results, raising enquiries and dealing with mortgage requirements can bring matters to light that need to be resolved before completion. Leasehold properties, older houses and homes with unusual access or boundary arrangements may require particular attention.

Providing information promptly and keeping communication clear can help buyers and sellers deal with questions and avoid unnecessary delays.

Planning a move in Somerset?

House-price statistics are a useful starting point, but they are not a substitute for looking closely at the property and its immediate market. Understanding the figures can help you ask better questions, whether you are preparing to sell, searching for your next home or simply keeping an eye on local property trends.

At Always Conveyancing, we provide residential conveyancing services across Somerset, including Yeovil, Langport and the surrounding area. We assist with property sales and purchases, offering a personal approach and clear communication throughout the conveyancing process.