61, SHELDON DRIVE, WELLS, BA5 2HE - £200,000

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.

61 SHELDON DRIVE is a very small extended terraced house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £249,033. It was last sold for £200,000 in May 2020, which was around 8% above the average May 2020 terraced price in the Somerset local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

61 SHELDON DRIVE Sold Prices

Land registry data shows seven sales for 61 SHELDON DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. Most of the seven 61 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
2020 18 MAY	£200,000	£184,855	8% above HPI
2014 14 JUL	£160,000	£152,194	5% above HPI
2012 2 NOV	£143,000	£143,745	1% below HPI
2006 23 JUN	£147,000	£141,389	4% above HPI
2003 28 MAR	£113,000	£100,028	13% above HPI
2001 11 APR	£68,000	£66,290	3% above HPI
1999 28 OCT	£53,000	£56,243	6% below HPI

61 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 seven 61 SHELDON DRIVE sales between October 1999 and May 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 July 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2020 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 61 SHELDON DRIVE be worth now?

61 SHELDON DRIVE might now be worth an estimated £249,033.

This is based on house price inflation of 24.5%, between May 2020 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 24.5% inflationary increase is applied to the most recent sale price for 61 SHELDON DRIVE of £200,000 on 18th May 2020. For the value to have increased from £200,000 to £249,033 over the six years and one month to April 2026, the following assumptions must hold true:

• The value of 61 SHELDON DRIVE has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The May 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 61 SHELDON DRIVE has not materially changed since May 2020.

How Large is 61 SHELDON DRIVE?

61 SHELDON DRIVE is 56m², which includes one extension, according to the EPC inspection conducted in August 2022. 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 61 SHELDON DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 61 SHELDON DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wells.

61 SHELDON DRIVE: Plot and Title Map

61 SHELDON DRIVE sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 61 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 61 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 61 SHELDON DRIVE?

61 SHELDON DRIVE is located in WELLS, in the BA5 postcode district. The below map shows the position of No. 61 on SHELDON DRIVE.