524, WELLSWAY, BATH, BA2 2UD - £242,500

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.

524 WELLSWAY is a very small terraced house of 80m², built sometime between 1900 and 1929, which could now be worth an estimated £349,621. It was last sold for £242,500 in November 2015, which was around 8% below the average November 2015 terraced price in the Bath and North East Somerset local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

524 WELLSWAY Sold Prices

Land registry data shows three sales for 524 WELLSWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Bath and North East Somerset local authority area for the corresponding sale date. Two of the three 524 WELLSWAY sales were for below the average price, whilst one was 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 12 NOV	£242,500	£263,258	8% below HPI
2014 21 FEB	£229,000	£223,913	2% above HPI
2007 29 JUN	£210,000	£211,696	1% below HPI

524 WELLSWAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The three 524 WELLSWAY sales between June 2007 and November 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 February 2014 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 524 WELLSWAY be worth now?

524 WELLSWAY might now be worth an estimated £349,621.

This is based on house price inflation of 44.2%, between November 2015 and April 2026, for terraced houses, in the Bath and North East Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.2% inflationary increase is applied to the most recent sale price for 524 WELLSWAY of £242,500 on 12th November 2015. For the value to have increased from £242,500 to £349,621 over the eleven years and seven months to April 2026, the following assumptions must hold true:

• The value of 524 WELLSWAY has moved in line with the HPI for terraced houses in the Bath and North East Somerset local authority area.
• The November 2015 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 524 WELLSWAY has not materially changed since November 2015.

How Large is 524 WELLSWAY?

524 WELLSWAY is 80m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of terraced houses houses in Bath, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bath, and where 524 WELLSWAY lies on this distribution: 6% of terraced houses houses are smaller than 524 WELLSWAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Bath.

524 WELLSWAY: Plot and Title Map

524 WELLSWAY sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 524 WELLSWAY, 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 524 WELLSWAY). 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 524 WELLSWAY?

524 WELLSWAY is located in BATH, in the BA2 postcode district. The below map shows the position of No. 524 on WELLSWAY.