2A, WELLS ROAD, CHILCOMPTON, RADSTOCK, BA3 4EX - £95,000

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.

2A WELLS ROAD is a very small extended flat of 34m², built sometime between 1900 and 1929, which could now be worth an estimated £126,328. It was last sold for £95,000 in June 2011, which was around 5% below the average June 2011 flat price in the Somerset local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

2A WELLS ROAD Sold Prices

Land registry data shows three sales for 2A WELLS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Somerset local authority area for the corresponding sale date. One of the three 2A WELLS ROAD sales was for below the average price, whilst two 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
2011 3 JUN	£95,000	£100,379	5% below HPI
2006 13 NOV	£115,000	£113,063	2% above HPI
2006 13 JAN	£118,200	£104,719	13% above HPI

What might 2A WELLS ROAD be worth now?

2A WELLS ROAD might now be worth an estimated £126,328.

This is based on house price inflation of 33%, between June 2011 and April 2026, for flats, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33% inflationary increase is applied to the most recent sale price for 2A WELLS ROAD of £95,000 on 3rd June 2011. For the value to have increased from £95,000 to £126,328 over the fifteen years and two months to April 2026, the following assumptions must hold true:

• The value of 2A WELLS ROAD has moved in line with the HPI for flats in the Somerset local authority area.
• The June 2011 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 2A WELLS ROAD has not materially changed since June 2011.

How Large is 2A WELLS ROAD?

2A WELLS ROAD is 34m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of flats in Chilcompton, based on EPC data. Less than 1% of flats are smaller than 2A WELLS ROAD, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Chilcompton.

2A WELLS ROAD: Plot

2A WELLS ROAD sits on a plot of roughly 0.021 of an acre, or 86m².

Where is 2A WELLS ROAD?

2A WELLS ROAD is located in CHILCOMPTON, in the BA3 postcode district.