9, SHELDON DRIVE, WELLS, BA5 2HB - £167,500

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.

9 SHELDON DRIVE is a very small terraced house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £237,270. It was last sold for £167,500 in March 2016, which was around 3% above the average March 2016 terraced price in the Somerset local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

9 SHELDON DRIVE Sold Prices

Land registry data shows four sales for 9 SHELDON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. All of the four 9 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
2016 29 MAR	£167,500	£162,491	3% above HPI
2013 16 DEC	£155,000	£146,065	6% above HPI
2006 23 AUG	£154,500	£146,591	5% above HPI
1998 31 MAR	£53,000	£47,793	11% above HPI

9 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 four 9 SHELDON DRIVE sales between March 1998 and March 2016 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 December 2013 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2016 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 9 SHELDON DRIVE be worth now?

9 SHELDON DRIVE might now be worth an estimated £237,270.

This is based on house price inflation of 41.7%, between March 2016 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 41.7% inflationary increase is applied to the most recent sale price for 9 SHELDON DRIVE of £167,500 on 29th March 2016. For the value to have increased from £167,500 to £237,270 over the nine years and eleven months to April 2026, the following assumptions must hold true:

• The value of 9 SHELDON DRIVE has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The March 2016 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 9 SHELDON DRIVE has not materially changed since March 2016.

How Large is 9 SHELDON DRIVE?

9 SHELDON DRIVE is 63m² according to the EPC inspection conducted in September 2012. 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 9 SHELDON DRIVE lies on this distribution: 2% of terraced houses houses are smaller than 9 SHELDON DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wells.

9 SHELDON DRIVE: Plot and Title Map

9 SHELDON DRIVE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 9 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 9 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 9 SHELDON DRIVE?

9 SHELDON DRIVE is located in WELLS, in the BA5 postcode district. The below map shows the position of No. 9 on SHELDON DRIVE.