2, GLEBE PADDOCK, WOOKEY, WELLS, BA5 1LH - £425,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 GLEBE PADDOCK is a midsized extended detached house of 134m², built sometime between 1967 and 1975, which could now be worth an estimated £594,611. It was last sold for £425,000 in April 2016, which was around 30% above the average April 2016 detached price in the Somerset local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

2 GLEBE PADDOCK Sold Prices

Land registry data shows two sales for 2 GLEBE PADDOCK 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 2 GLEBE PADDOCK 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
2016 6 APR	£425,000	£327,282	30% above HPI
2002 18 JUL	£223,000	£188,476	18% above HPI

2 GLEBE PADDOCK 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 2 GLEBE PADDOCK sales from July 2002 and April 2016 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 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2016 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 2 GLEBE PADDOCK be worth now?

2 GLEBE PADDOCK might now be worth an estimated £594,611.

This is based on house price inflation of 39.9%, between April 2016 and December 2024, 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 39.9% inflationary increase is applied to the most recent sale price for 2 GLEBE PADDOCK of £425,000 on 6th April 2016. For the value to have increased from £425,000 to £594,611 over the seven years and four months to December 2024, the following assumptions must hold true:

• The value of 2 GLEBE PADDOCK has moved in line with the HPI for detached houses in the Somerset local authority area.
• The April 2016 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GLEBE PADDOCK has not materially changed since April 2016.

How Large is 2 GLEBE PADDOCK?

2 GLEBE PADDOCK is 134m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of detached houses houses in Wookey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wookey, and where 2 GLEBE PADDOCK lies on this distribution: 55% of detached houses houses are smaller than 2 GLEBE PADDOCK, and 45% of houses are larger. Note that EPC data is not available for all properties in Wookey.

2 GLEBE PADDOCK: Plot and Title Map

2 GLEBE PADDOCK sits on a plot of roughly 0.197 of an acre, or 799m². The below map shows the location of 2 GLEBE PADDOCK, 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 2 GLEBE PADDOCK). 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 2 GLEBE PADDOCK?

2 GLEBE PADDOCK is located in WOOKEY, in the BA5 postcode district. The below map shows the position of No. 2 on GLEBE PADDOCK.