17, KNOWLE LANE, WOOKEY, WELLS, BA5 1LB - £205,000

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.

17 KNOWLE LANE is a very small semi-detached house of 69m², built sometime between 1930 and 1949, which could now be worth an estimated £254,974. It was last sold for £205,000 in March 2020, which was around 11% below the average March 2020 semi-detached price in the Somerset local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was D.

17 KNOWLE LANE Sold Prices

Land registry data shows two sales for 17 KNOWLE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. Both of the two 17 KNOWLE LANE 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 3 MAR	£205,000	£230,179	11% below HPI
2016 5 FEB	£172,500	£197,677	13% below HPI

17 KNOWLE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Somerset local authority area over time, sourced from the HPI. The two 17 KNOWLE LANE sales from February 2016 and March 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 February 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 17 KNOWLE LANE be worth now?

17 KNOWLE LANE might now be worth an estimated £254,974.

This is based on house price inflation of 24.4%, between March 2020 and March 2025, for semi-detached 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 24.4% inflationary increase is applied to the most recent sale price for 17 KNOWLE LANE of £205,000 on 3rd March 2020. For the value to have increased from £205,000 to £254,974 over the five years to March 2025, the following assumptions must hold true:

• The value of 17 KNOWLE LANE has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The March 2020 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 17 KNOWLE LANE has not materially changed since March 2020.

How Large is 17 KNOWLE LANE?

17 KNOWLE LANE is 69m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of semi-detached houses houses in Wookey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wookey, and where 17 KNOWLE LANE lies on this distribution: 2% of semi-detached houses houses are smaller than 17 KNOWLE LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wookey.

17 KNOWLE LANE: Plot and Title Map

17 KNOWLE LANE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 17 KNOWLE LANE, 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 17 KNOWLE LANE). 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 17 KNOWLE LANE?

17 KNOWLE LANE is located in WOOKEY, in the BA5 postcode district. The below map shows the position of No. 17 on KNOWLE LANE.