10, SEREL DRIVE, WELLS, BA5 2DQ - £355,000

10 SEREL DRIVE is a very small semi-detached house of 76m², built sometime between 1991 and 1995. It was last sold for £355,000 in March 2023, which was around 21% below the average March 2023 detached price in the Somerset local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

10 SEREL DRIVE Sold Prices

Land registry data shows five sales for 10 SEREL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the five 10 SEREL DRIVE 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
2023 29 MAR	£355,000	£450,425	21% below HPI
2006 15 DEC	£205,000	£278,068	26% below HPI
2002 29 NOV	£145,000	£202,330	28% below HPI
1998 13 MAR	£73,950	£99,917	26% below HPI
1995 2 JUN	£65,495	£84,667	23% below HPI

10 SEREL DRIVE 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 five 10 SEREL DRIVE sales between June 1995 and March 2023 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 December 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 10 SEREL DRIVE?

10 SEREL DRIVE is 76m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Wells, and where 10 SEREL DRIVE lies on this distribution: 9% of detached houses are smaller than 10 SEREL DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Wells.

10 SEREL DRIVE: Plot and Title Map

10 SEREL DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 10 SEREL DRIVE, 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 10 SEREL DRIVE). 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 10 SEREL DRIVE?

10 SEREL DRIVE is located in WELLS, in the BA5 postcode district. The below map shows the position of No. 10 on SEREL DRIVE.