1, WELLESLEY WAY, CHURCHINFORD, TAUNTON, TA3 7RB - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 WELLESLEY WAY is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £245,000 in October 2017, which was around 30% below the average October 2017 detached price in the Somerset local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

1 WELLESLEY WAY Sold Prices

Land registry data shows three sales for 1 WELLESLEY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 1 WELLESLEY WAY sales were for below 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
2017 4 OCT	£245,000	£347,571	30% below HPI
2014 28 OCT	£207,500	£294,639	30% below HPI
2013 10 DEC	£172,000	£279,254	38% below HPI

1 WELLESLEY WAY 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 three 1 WELLESLEY WAY sales between December 2013 and October 2017 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 October 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2017 sale, which was also at 30% below the HPI.

How Large is 1 WELLESLEY WAY?

1 WELLESLEY WAY is 70m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Churchinford, based on EPC data. The below chart shows the distribution of detached houses by size in Churchinford, and where 1 WELLESLEY WAY lies on this distribution: Less than 1% of detached houses are smaller than 1 WELLESLEY WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Churchinford.

1 WELLESLEY WAY: Plot and Title Map

1 WELLESLEY WAY sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 1 WELLESLEY WAY, 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 1 WELLESLEY WAY). 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 1 WELLESLEY WAY?

1 WELLESLEY WAY is located in CHURCHINFORD, in the TA3 postcode district. The below map shows the position of No. 1 on WELLESLEY WAY.