8, SHELDON DRIVE, WELLS, BA5 2HB - £162,000

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.

8 SHELDON DRIVE is a terraced house, which could now be worth an estimated £251,511. It was last sold for £162,000 in December 2006, which was around 8% above the average December 2006 terraced price in the Somerset local authority area.

8 SHELDON DRIVE Sold Prices

Land registry data shows three sales for 8 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. All of the three 8 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
2006 12 DEC	£162,000	£149,710	8% above HPI
1999 30 APR	£53,500	£50,944	5% above HPI
1995 27 OCT	£42,500	£41,323	3% above HPI

What might 8 SHELDON DRIVE be worth now?

8 SHELDON DRIVE might now be worth an estimated £251,511.

This is based on house price inflation of 55.3%, between December 2006 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 55.3% inflationary increase is applied to the most recent sale price for 8 SHELDON DRIVE of £162,000 on 12th December 2006. For the value to have increased from £162,000 to £251,511 over the twenty years and seven months to May 2026, the following assumptions must hold true:

• The value of 8 SHELDON DRIVE has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The December 2006 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHELDON DRIVE has not materially changed since December 2006.

Where is 8 SHELDON DRIVE?

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