8, WALLACE ROAD, BATH, BA1 6QQ - £520,000

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 WALLACE ROAD is a very large extended semi-detached house of 139m², built sometime between 1967 and 1975, which could now be worth an estimated £934,280. It was last sold for £520,000 in March 2013, which was around 111% above the average March 2013 semi-detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

8 WALLACE ROAD Sold Prices

Land registry data shows two sales for 8 WALLACE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bath and North East Somerset local authority area for the corresponding sale date. Both of the two 8 WALLACE 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
2013 22 MAR	£520,000	£246,380	111% above HPI
2011 16 NOV	£315,000	£232,776	35% above HPI

8 WALLACE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The two 8 WALLACE ROAD sales from November 2011 and March 2013 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 November 2011 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2013 sale, where it rises to 111% above the HPI. The line then continues to track at 111% above the HPI.

What might 8 WALLACE ROAD be worth now?

8 WALLACE ROAD might now be worth an estimated £934,280.

This is based on house price inflation of 79.7%, between March 2013 and May 2026, for semi-detached houses, in the Bath and North East Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79.7% inflationary increase is applied to the most recent sale price for 8 WALLACE ROAD of £520,000 on 22nd March 2013. For the value to have increased from £520,000 to £934,280 over the twelve years and ten months to May 2026, the following assumptions must hold true:

• The value of 8 WALLACE ROAD has moved in line with the HPI for semi-detached houses in the Bath and North East Somerset local authority area.
• The March 2013 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WALLACE ROAD has not materially changed since March 2013.

How Large is 8 WALLACE ROAD?

8 WALLACE ROAD is 139m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 20% of semi-detached houses in Bath, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Bath, and where 8 WALLACE ROAD lies on this distribution: 82% of semi-detached houses are smaller than 8 WALLACE ROAD, and 18% of semi-detached houses are larger. Note that EPC data is not available for all properties in Bath.

Where is 8 WALLACE ROAD?

8 WALLACE ROAD is located in BATH, in the BA1 postcode district.