About £345,000 for a typical house in the wider Axbridge area, which buys you a lot of history and not much square footage. Detached is where the real money goes. Terraces and semis land within touching distance of each other. Flats barely exist as a category. This is a market with a wide top end, a narrow bottom, and almost nothing arranged in between.
The Land Registry recorded 52 sales in the year to May 2026, with a median of around £345,000. Split by type, the gap is the whole story: detached homes came in at a median of roughly £500,000, semi-detached at about £330,000, and terraces at around £315,000. Four flats changed hands, at a median near £203,000. Fifty-two sales across a whole year is a thin market, and thin markets move on whichever handful of houses happen to come up, so the type breakdown tells you more about what is here than the headline number does.
For direction, the published house-price index for the area stood at about £281,000 in May 2026, up roughly 3% over twelve months and around 15% over five years. Flats went the other way, down about 1% on the year. Neither figure is dramatic and neither is a forecast. They describe what has already happened to the wider index area, not what your particular cottage is going to do next.
Council tax sits mostly in band D, which is the most common band across the area, with only about 22% of dwellings in bands A or B combined. A band D bill runs to roughly £2,560 a year. That is the figure worth holding against your current one, because it is the band most people here are actually paying.
Renting is the smaller half of the picture. Typical private rent across the Somerset area runs at about £990 a month as of April 2026, which is a mean from the national rent index rather than a median of what is advertised, and it covers the whole local authority rather than these particular lanes. By size, that breaks down to around £670 for a one-bedroom, about £890 for two, roughly £1,100 for three and around £1,580 for four or more. The rental stock in villages like this is small, so treat those as regional guides rather than a menu.
On affordability, median gross household income across the area was about £56,700 in the financial year to March 2023. That is before tax, and it describes that year rather than today. Set against a typical sale near £345,000, the arithmetic is a stretch for a household on the local median and a comfortable one for a household bringing outside money in. Which is broadly what has been happening.
Of the sales that could be matched to an energy certificate's floor area, which is about half of them, the median works out at roughly £3,240 per square metre, on a typical floor area of around 98 square metres. That is the useful number for anyone comparing a compact period house against a larger modern one, because the price tag alone will not tell you which is the better buy per room.
The bedroom mix explains why the entry point is so high. Around 44% of households here have four bedrooms or more and about 33% have three. Two-bedroom homes account for roughly 15%, and one-bedroom homes about 7%. This is a place built for people who already have the family, the furniture and the equity.
What it costs is fair rather than good. You are paying an ordinary Somerset price for an above-ordinary setting, and the money buys space and stone rather than convenience or a bargain.