2B, WELLS ROAD, CHILCOMPTON, RADSTOCK, BA3 4EX - £173,750

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.

2B WELLS ROAD is a midsized extended flat of 43m², built sometime between 1900 and 1929, which could now be worth an estimated £167,166. It was last sold for £173,750 in March 2022, which was around 25% above the average March 2022 flat price in the Somerset local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

2B WELLS ROAD Sold Prices

Land registry data shows two sales for 2B WELLS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Somerset local authority area for the corresponding sale date. Both of the two 2B WELLS ROAD 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
2022 16 MAR	£173,750	£138,738	25% above HPI
2006 15 DEC	£128,700	£114,351	13% above HPI

What might 2B WELLS ROAD be worth now?

2B WELLS ROAD might now be worth an estimated £167,166.

This is based on house price deflation of 3.8%, between March 2022 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 3.8% deflationary decrease is applied to the most recent sale price for 2B WELLS ROAD of £173,750 on 16th March 2022. For the value to have decreased from £173,750 to £167,166 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 2B WELLS ROAD has moved in line with the HPI for flats in the Somerset local authority area.
• The March 2022 sale price of £173,750 represented a fair market value for the property.
• The size, condition, and specification of 2B WELLS ROAD has not materially changed since March 2022.

How Large is 2B WELLS ROAD?

2B WELLS ROAD is 43m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 50% of flats in Chilcompton, based on EPC data. 50% of flats are smaller than 2B WELLS ROAD, and 50% of flats are larger. Note that EPC data is not available for all properties in Chilcompton.

2B WELLS ROAD: Plot

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

Where is 2B WELLS ROAD?

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