8, MELLS LANE, RADSTOCK, BA3 3NN - £189,950

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.

8 MELLS LANE is a very small semi-detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £240,812. It was last sold for £189,950 in April 2018, which was around 45% below the average April 2018 semi-detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was B.

8 MELLS LANE Sold Prices

Land registry data shows two sales for 8 MELLS 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 Bath and North East Somerset local authority area for the corresponding sale date. Both of the two 8 MELLS 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
2018 19 APR	£189,950	£345,027	45% below HPI
1995 31 MAY	£52,950	£64,387	18% below HPI

8 MELLS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The two 8 MELLS LANE sales from May 1995 and April 2018 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 1995 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 8 MELLS LANE be worth now?

8 MELLS LANE might now be worth an estimated £240,812.

This is based on house price inflation of 26.8%, between April 2018 and February 2025, for semi-detached 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 26.8% inflationary increase is applied to the most recent sale price for 8 MELLS LANE of £189,950 on 19th April 2018. For the value to have increased from £189,950 to £240,812 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 8 MELLS LANE has moved in line with the HPI for semi-detached houses in the Bath and North East Somerset local authority area.
• The April 2018 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 8 MELLS LANE has not materially changed since April 2018.

How Large is 8 MELLS LANE?

8 MELLS LANE is 77m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of semi-detached houses houses in Radstock, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Radstock, and where 8 MELLS LANE lies on this distribution: 8% of semi-detached houses houses are smaller than 8 MELLS LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Radstock.

8 MELLS LANE: Plot and Title Map

8 MELLS LANE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 8 MELLS 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 8 MELLS 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 8 MELLS LANE?

8 MELLS LANE is located in RADSTOCK, in the BA3 postcode district. The below map shows the position of No. 8 on MELLS LANE.