15, KINGS ROAD, WELLS, BA5 3LU - £260,000

15 KINGS ROAD is a very small semi-detached house of 67m², built sometime between 1967 and 1975. It was last sold for £260,000 in November 2020, which was around 32% below the average November 2020 detached price in the Somerset local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

15 KINGS ROAD Sold Prices

Land registry data shows three sales for 15 KINGS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 15 KINGS ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 30 NOV	£260,000	£383,665	32% below HPI
2014 17 JUL	£222,000	£289,509	23% below HPI
2007 1 AUG	£203,000	£296,594	32% below HPI

15 KINGS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three 15 KINGS ROAD sales between August 2007 and November 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 15 KINGS ROAD?

15 KINGS ROAD is 67m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Wells, and where 15 KINGS ROAD lies on this distribution: 3% of detached houses are smaller than 15 KINGS ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Wells.

15 KINGS ROAD: Plot and Title Map

15 KINGS ROAD sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 15 KINGS ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 KINGS ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15 KINGS ROAD?

15 KINGS ROAD is located in WELLS, in the BA5 postcode district. The below map shows the position of No. 15 on KINGS ROAD.