34, SHELDON DRIVE, WELLS, BA5 2HB - £179,950

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.

34 SHELDON DRIVE is a very small terraced house of 38m², built sometime between 1991 and 1995, which could now be worth an estimated £173,922. It was last sold for £179,950 in November 2022, which was around 24% below the average November 2022 terraced price in the Somerset local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

34 SHELDON DRIVE Sold Prices

Land registry data shows five sales for 34 SHELDON DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. All of the five 34 SHELDON DRIVE 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
2022 21 NOV	£179,950	£238,153	24% below HPI
2018 11 MAY	£136,000	£179,714	24% below HPI
2004 15 NOV	£117,000	£132,602	12% below HPI
1999 16 JUL	£45,000	£53,533	16% below HPI
1998 23 JUN	£40,250	£48,559	17% below HPI

34 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 five 34 SHELDON DRIVE sales between June 1998 and November 2022 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 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2022 sale, which was also at 24% below the HPI.

What might 34 SHELDON DRIVE be worth now?

34 SHELDON DRIVE might now be worth an estimated £173,922.

This is based on house price deflation of 3.3%, between November 2022 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 3.3% deflationary decrease is applied to the most recent sale price for 34 SHELDON DRIVE of £179,950 on 21st November 2022. For the value to have decreased from £179,950 to £173,922 over the four years and seven months to April 2026, the following assumptions must hold true:

• The value of 34 SHELDON DRIVE has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The November 2022 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 34 SHELDON DRIVE has not materially changed since November 2022.

How Large is 34 SHELDON DRIVE?

34 SHELDON DRIVE is 38m² according to the EPC inspection conducted in April 2018. 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 34 SHELDON DRIVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 34 SHELDON DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wells.

34 SHELDON DRIVE: Plot and Title Map

34 SHELDON DRIVE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 34 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 34 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 34 SHELDON DRIVE?

34 SHELDON DRIVE is located in WELLS, in the BA5 postcode district. The below map shows the position of No. 34 on SHELDON DRIVE.