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

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.

1 WELLESLEY WAY is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £314,644. It was last sold for £245,000 in October 2017, which was around 32% 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	£358,517	32% below HPI
2014 28 OCT	£207,500	£303,918	32% below HPI
2013 10 DEC	£172,000	£288,049	40% 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2017 sale, which was also at 32% below the HPI.

What might 1 WELLESLEY WAY be worth now?

1 WELLESLEY WAY might now be worth an estimated £314,644.

This is based on house price inflation of 28.4%, between October 2017 and February 2025, for detached 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 28.4% inflationary increase is applied to the most recent sale price for 1 WELLESLEY WAY of £245,000 on 4th October 2017. For the value to have increased from £245,000 to £314,644 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 WELLESLEY WAY has moved in line with the HPI for detached houses in the Somerset local authority area.
• The October 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WELLESLEY WAY has not materially changed since October 2017.

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 houses in Churchinford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Churchinford, and where 1 WELLESLEY WAY lies on this distribution: Less than 1% of detached houses 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.