1, WHEELERS CLOSE, MIDSOMER NORTON, RADSTOCK, BA3 2BZ - £260,000

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 WHEELERS CLOSE is a very small detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £304,957. It was last sold for £260,000 in October 2020, which was around 57% below the average October 2020 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

1 WHEELERS CLOSE Sold Prices

Land registry data shows four sales for 1 WHEELERS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the four 1 WHEELERS CLOSE 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
2020 23 OCT	£260,000	£600,001	57% below HPI
2019 13 SEP	£241,000	£565,790	57% below HPI
2016 1 APR	£255,000	£520,054	51% below HPI
2004 31 MAR	£174,000	£315,503	45% below HPI

1 WHEELERS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The four 1 WHEELERS CLOSE sales between March 2004 and October 2020 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 September 2019 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the October 2020 sale, which was also at 57% below the HPI.

What might 1 WHEELERS CLOSE be worth now?

1 WHEELERS CLOSE might now be worth an estimated £304,957.

This is based on house price inflation of 17.3%, between October 2020 and February 2025, for detached houses, in the Bath and North East Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.3% inflationary increase is applied to the most recent sale price for 1 WHEELERS CLOSE of £260,000 on 23rd October 2020. For the value to have increased from £260,000 to £304,957 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 WHEELERS CLOSE has moved in line with the HPI for detached houses in the Bath and North East Somerset local authority area.
• The October 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WHEELERS CLOSE has not materially changed since October 2020.

How Large is 1 WHEELERS CLOSE?

1 WHEELERS CLOSE is 80m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses houses in Midsomer Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Midsomer Norton, and where 1 WHEELERS CLOSE lies on this distribution: 15% of detached houses houses are smaller than 1 WHEELERS CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.

1 WHEELERS CLOSE: Plot and Title Map

1 WHEELERS CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 1 WHEELERS CLOSE, 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 WHEELERS CLOSE). 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 WHEELERS CLOSE?

1 WHEELERS CLOSE is located in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of No. 1 on WHEELERS CLOSE.