GROUND FLOOR FLAT, 8, WELLS ROAD, CHILCOMPTON, RADSTOCK, BA3 4EX - £86,830

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.

GROUND FLOOR FLAT is a flat, which could now be worth an estimated £118,358. It was last sold for £86,830 in December 2013, which was around 13% below the average December 2013 flat price in the Somerset local authority area.

GROUND FLOOR FLAT Sold Prices

Land registry data shows three sales for GROUND FLOOR FLAT 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 GROUND FLOOR FLAT 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
2013 13 DEC	£86,830	£99,249	13% below HPI
2008 16 MAY	£121,000	£118,412	2% above HPI
2005 2 DEC	£106,000	£105,374	1% above HPI

What might GROUND FLOOR FLAT be worth now?

GROUND FLOOR FLAT might now be worth an estimated £118,358.

This is based on house price inflation of 36.3%, between December 2013 and May 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 36.3% inflationary increase is applied to the most recent sale price for GROUND FLOOR FLAT of £86,830 on 13th December 2013. For the value to have increased from £86,830 to £118,358 over the thirteen years and seven months to May 2026, the following assumptions must hold true:

• The value of GROUND FLOOR FLAT has moved in line with the HPI for flats in the Somerset local authority area.
• The December 2013 sale price of £86,830 represented a fair market value for the property.
• The size, condition, and specification of GROUND FLOOR FLAT has not materially changed since December 2013.

Where is GROUND FLOOR FLAT?

GROUND FLOOR FLAT, 8 WELLS ROAD is located in CHILCOMPTON, in the BA3 postcode district.