23, SHELDON DRIVE, WELLS, BA5 2HB - £147,500

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.

23 SHELDON DRIVE is a very small extended terraced house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £239,136. It was last sold for £147,500 in June 2011, which was around 4% above the average June 2011 terraced price in the Somerset local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

23 SHELDON DRIVE Sold Prices

Land registry data shows three sales for 23 SHELDON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. All of the three 23 SHELDON DRIVE 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
2011 15 JUN	£147,500	£141,973	4% above HPI
2001 11 MAY	£69,000	£68,062	1% above HPI
1997 15 AUG	£48,500	£45,751	6% above HPI

23 SHELDON DRIVE 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 three 23 SHELDON DRIVE sales between August 1997 and June 2011 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 May 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2011 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 23 SHELDON DRIVE be worth now?

23 SHELDON DRIVE might now be worth an estimated £239,136.

This is based on house price inflation of 62.1%, between June 2011 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 62.1% inflationary increase is applied to the most recent sale price for 23 SHELDON DRIVE of £147,500 on 15th June 2011. For the value to have increased from £147,500 to £239,136 over the fifteen years and two months to April 2026, the following assumptions must hold true:

• The value of 23 SHELDON DRIVE has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The June 2011 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 23 SHELDON DRIVE has not materially changed since June 2011.

How Large is 23 SHELDON DRIVE?

23 SHELDON DRIVE is 63m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of terraced houses houses in Wells, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wells, and where 23 SHELDON DRIVE lies on this distribution: 2% of terraced houses houses are smaller than 23 SHELDON DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wells.

23 SHELDON DRIVE: Plot and Title Map

23 SHELDON DRIVE sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 23 SHELDON DRIVE, 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 23 SHELDON DRIVE). 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 23 SHELDON DRIVE?

23 SHELDON DRIVE is located in WELLS, in the BA5 postcode district. The below map shows the position of No. 23 on SHELDON DRIVE.