About £275,000 for the typical house, which in this part of Somerset buys a real one with a garden. Terraces go for two hundred grand. Detached go for well over double that. Only about fifty-five homes changed hands all year. Not a market so much as a slow queue.
The Land Registry's figures for the year to May 2026 put the median sale at £275,000 across 55 transactions. The split by type is the part worth reading twice. Terraced homes came in at a median of £200,000, semi-detached at around £273,000, and detached at £460,000. That is a gap of a quarter of a million pounds between the cheapest common type and the dearest, in a village small enough to walk across, which means the median is a number that describes almost nobody. Fifty-five sales in twelve months also means your options on any given weekend are counted on two hands, so the buyer who wants a specific thing in a specific spot waits rather than shops.
The published house-price index for the area stood at around £281,000 in May 2026, up about 3% over the twelve months and up roughly 15% over five years. Flats went the other way, down under 1% across the year, which is a change small enough that calling it a decline is generous. Nothing here is moving fast in either direction.
Council tax sits at the friendly end. Band B is the most common band across the area, and roughly 36% of dwellings fall in bands A or B together. A band D bill runs to about £2,560 a year, which is the figure most people can hold against whatever they are paying now.
Renting is the thinner part of the picture, because the only figure available is a Somerset-wide one rather than a Templecombe one. The typical private rent across the Somerset area works out at about £990 a month, and that is a mean from the Office for National Statistics rent index rather than a median of what is currently advertised. By size, one-beds average about £670 a month, two-beds about £890, three-beds about £1,100, and four or more about £1,580. Treat all of it as the county's shape rather than a quote for any particular cottage.
On affordability, household income across the area was modelled at roughly £51,000 gross in the financial year to March 2023, before tax and before anything else comes out of it. Set the typical £275,000 sale against that and the sums work for a household with a deposit and two incomes, which is the ordinary case here rather than the lucky one. The detached end at £460,000 is a different conversation entirely, and one that fewer local incomes will finish.
Of the sales that can be matched to an energy certificate's floor area, which is around 71% of them, the median works out at about £3,030 per square metre for a typical floor area of 80 square metres. That is the honest measure of what the money buys, and it is a figure that flatters older stock less than a headline price does.
The bedroom mix from the 2021 census explains why the market behaves the way it does. About 44% of homes have three bedrooms and roughly 27% have four or more, against about 23% with two and only 7% with one. This is a place built for households that already own furniture. Anyone hunting a one-bed is competing for a small slice of a small stock.
Value for money is where this village quietly does well: the price of a three-bedroom house here would buy a good deal less almost anywhere with a faster train. What you give up is choice, and the wait that comes with fifty-five sales a year.