THE OLD GAOL, ROCK STREET, CROSCOMBE, WELLS, BA5 3QT - £335,000

THE OLD GAOL is a midsized extended semi-detached house of 122m², built sometime before 1900. It was last sold for £335,000 in August 2016, which was around 3% above the average August 2016 detached price in the Somerset local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

THE OLD GAOL Sold Prices

Land registry data shows two sales for THE OLD GAOL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two THE OLD GAOL 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
2016 31 AUG	£335,000	£323,980	3% above HPI
2002 11 NOV	£245,000	£202,330	21% above HPI

THE OLD GAOL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two THE OLD GAOL sales from November 2002 and August 2016 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 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2016 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is THE OLD GAOL?

THE OLD GAOL is 122m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Croscombe, based on EPC data. The below chart shows the distribution of detached houses by size in Croscombe, and where THE OLD GAOL lies on this distribution: 54% of detached houses are smaller than THE OLD GAOL, and 46% of houses are larger. Note that EPC data is not available for all properties in Croscombe.

THE OLD GAOL: Plot and Title Map

THE OLD GAOL sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of THE OLD GAOL, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE OLD GAOL). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE OLD GAOL?

THE OLD GAOL is located on ROCK STREET in CROSCOMBE, in the BA5 postcode district. The below map shows the position of THE OLD GAOL on ROCK STREET.