local authority Land Registry UK HPI

Somerset house prices, July 2026

Average sold prices for Somerset, broken down by property type, buyer status, funding status and property status, from HM Land Registry's UK House Price Index.

Average price
£282,062
Annual change
+3.1%
Homes sold, May 2026
502
England average
£293,479

The average property in Somerset sold for £282,062 in July 2026, up 3.1% on the year. That is about 4% below the England average of £293,479. 502 homes sold in Somerset in May 2026, the most recent month HM Land Registry have published transaction counts for.

Price trend

Over the 12 months to July 2026, the average price in Somerset rose 3%, peaking at £282,062 in July 2026.

£282,062 £274,854
August 2025July 2026

Peak £282,062 in July 2026.

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By property type

Detached homes are the most expensive in Somerset at £459,732, 239% above flat or maisonette at £135,593. Every type is up on the year bar Flat or maisonette, which is broadly flat.

Average sold price by property type, July 2026.
Property typeAverage priceAnnual change
Detached£459,732+2.9%
Semi-detached£289,398+4%
Terraced£234,361+3.6%
Flat or maisonette£135,593Broadly flat

By buyer status

First-time buyers in Somerset paid £102,026 less than people who already owned, a gap of 44%.

Average sold price by buyer status, July 2026.
BuyerAverage priceAnnual change
First-time buyer£232,238+3.3%
Former owner-occupier£334,264+3%

By funding status

Cash buyers in Somerset paid 4% more than those with a mortgage. Cash accounted for 33% of the sales counted in May 2026.

Average sold price by funding status, July 2026. Sales volumes are for May 2026, the most recent month published. Cash and mortgage sales are counted separately and do not necessarily add up to the total above.
Paid withAverage priceAnnual changeSales
Cash£288,439+2.8%78
Mortgage£278,069+3.2%159

By property status

New builds in Somerset sold for 42% more than existing homes.

Average sold price by property status, May 2026. Sales volumes are not shown for new builds: they are registered months after completion, so recent counts are incomplete rather than low.
Property statusAverage priceAnnual change
New build£391,059+5%
Existing property£275,411+2.9%

Month by month

Average sold price and annual change over the last 12 published months. Sales volumes stop two months short because HM Land Registry withhold the most recent counts until more transactions are registered.
MonthAverage priceAnnual changeSales
July 2026£282,062+3.1%n/a
June 2026£281,515+4.4%n/a
May 2026£280,862+3%502
April 2026£279,410+1.7%492
March 2026£280,704+1.5%590
February 2026£279,576+1%600
January 2026£278,383+1.4%523
December 2025£276,050Broadly flat667
November 2025£277,984+1.4%730
October 2025£279,110+1.5%872
September 2025£279,272+1.3%743
August 2025£274,854Broadly flat861
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Areas within and around Somerset

Local authorities with similar prices

Figures for a local authority are a three-month average rather than a single month's transactions. HM Land Registry revise the most recent twelve months as more sales are registered, so recent figures are provisional.