42, SHELDON DRIVE, WELLS, BA5 2HF - £122,000

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.

42 SHELDON DRIVE is a terraced house, which could now be worth an estimated £246,662. It was last sold for £122,000 in February 2004, which was around 6% above the average February 2004 terraced price in the Somerset local authority area.

42 SHELDON DRIVE Sold Prices

Land registry data shows three sales for 42 SHELDON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. The three 42 SHELDON DRIVE sales were a mix of above the average price, and roughly equal to 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
2004 27 FEB	£122,000	£114,961	6% above HPI
2002 24 JUN	£89,950	£83,490	8% above HPI
2001 27 JUL	£69,950	£70,281	Close to HPI

What might 42 SHELDON DRIVE be worth now?

42 SHELDON DRIVE might now be worth an estimated £246,662.

This is based on house price inflation of 102.2%, between February 2004 and May 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 102.2% inflationary increase is applied to the most recent sale price for 42 SHELDON DRIVE of £122,000 on 27th February 2004. For the value to have increased from £122,000 to £246,662 over the 21 years and nine months to May 2026, the following assumptions must hold true:

• The value of 42 SHELDON DRIVE has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The February 2004 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of 42 SHELDON DRIVE has not materially changed since February 2004.

Where is 42 SHELDON DRIVE?

42 SHELDON DRIVE is located in WELLS, in the BA5 postcode district.