1, WELLS ROAD, CHILCOMPTON, RADSTOCK, BA3 4EX - £250,000

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 WELLS ROAD is a large extended detached house of 151m², built sometime between 1900 and 1929, which could now be worth an estimated £496,977. It was last sold for £250,000 in September 2003, which was around 8% above the average September 2003 detached price in the Somerset local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.

1 WELLS ROAD Sold Prices

Land registry data shows two sales for 1 WELLS ROAD 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 1 WELLS 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
2003 5 SEP	£250,000	£231,615	8% above HPI
1998 30 JUL	£126,000	£106,852	18% above HPI

1 WELLS ROAD 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 1 WELLS ROAD sales from July 1998 and September 2003 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 July 1998 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2003 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 1 WELLS ROAD be worth now?

1 WELLS ROAD might now be worth an estimated £496,977.

This is based on house price inflation of 98.8%, between September 2003 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 98.8% inflationary increase is applied to the most recent sale price for 1 WELLS ROAD of £250,000 on 5th September 2003. For the value to have increased from £250,000 to £496,977 over the 22 years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 WELLS ROAD has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2003 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WELLS ROAD has not materially changed since September 2003.

How Large is 1 WELLS ROAD?

1 WELLS ROAD is 151m², which includes three extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses houses in Chilcompton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilcompton, and where 1 WELLS ROAD lies on this distribution: 66% of detached houses houses are smaller than 1 WELLS ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Chilcompton.

1 WELLS ROAD: Plot and Title Map

1 WELLS ROAD sits on a plot of roughly 0.244 of an acre, or 987m². The below map shows the location of 1 WELLS ROAD, 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 WELLS ROAD). 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 WELLS ROAD?

1 WELLS ROAD is located in CHILCOMPTON, in the BA3 postcode district. The below map shows the position of No. 1 on WELLS ROAD.