15, WELLS ROAD, CHILCOMPTON, RADSTOCK, BA3 4EX - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 WELLS ROAD is a very small extended terraced house of 92m², built sometime between 1900 and 1929, which could now be worth an estimated £271,212. It was last sold for £180,000 in April 2015, which was around 18% above the average April 2015 terraced price in the Somerset local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was A.

15 WELLS ROAD Sold Prices

Land registry data shows four sales for 15 WELLS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. All of the four 15 WELLS ROAD sales were for above 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
2015 2 APR	£180,000	£152,764	18% above HPI
2011 25 MAR	£165,000	£140,454	17% above HPI
2000 16 JUN	£77,000	£62,936	22% above HPI
1996 12 APR	£46,750	£41,219	13% above HPI

15 WELLS ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Somerset local authority area over time, sourced from the HPI. The four 15 WELLS ROAD sales between April 1996 and April 2015 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 March 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the April 2015 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 15 WELLS ROAD be worth now?

15 WELLS ROAD might now be worth an estimated £271,212.

This is based on house price inflation of 50.7%, between April 2015 and April 2026, for terraced houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.7% inflationary increase is applied to the most recent sale price for 15 WELLS ROAD of £180,000 on 2nd April 2015. For the value to have increased from £180,000 to £271,212 over the eleven years to April 2026, the following assumptions must hold true:

• The value of 15 WELLS ROAD has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The April 2015 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WELLS ROAD has not materially changed since April 2015.

How Large is 15 WELLS ROAD?

15 WELLS ROAD is 92m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% of terraced houses houses in Chilcompton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chilcompton, and where 15 WELLS ROAD lies on this distribution: 16% of terraced houses houses are smaller than 15 WELLS ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Chilcompton.

15 WELLS ROAD: Plot and Title Map

15 WELLS ROAD sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 15 WELLS 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 WELLS 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 WELLS ROAD?

15 WELLS ROAD is located in CHILCOMPTON, in the BA3 postcode district. The below map shows the position of No. 15 on WELLS ROAD.