21, SEREL DRIVE, WELLS, BA5 2DQ - £59,995

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

21 SEREL DRIVE is a very small semi-detached house of 54m², built sometime between 1983 and 1990. It was last sold for £59,995 in July 1999, which was around 10% below the average July 1999 semi-detached price in the Somerset local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

21 SEREL DRIVE Sold Prices

Land registry data shows two sales for 21 SEREL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. One of the two 21 SEREL DRIVE sales was for below the average price, whilst the other was 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
1999 30 JUL	£59,995	£66,965	10% below HPI
1995 15 DEC	£52,220	£50,888	3% above HPI

21 SEREL DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Somerset local authority area over time, sourced from the HPI. The two 21 SEREL DRIVE sales from December 1995 and July 1999 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 1995 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 1999 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 21 SEREL DRIVE be worth now?

21 SEREL DRIVE might now be worth an estimated £258,595.

This is based on house price inflation of 331%, between July 1999 and December 2024, for semi-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 331% inflationary increase is applied to the most recent sale price for 21 SEREL DRIVE of £59,995 on 30th July 1999. For the value to have increased from £59,995 to £258,595 over the 24 years and seven months to December 2024, the following assumptions must hold true:

• The value of 21 SEREL DRIVE has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The July 1999 sale price of £59,995 represented a fair market value for the property.
• The size, condition, and specification of 21 SEREL DRIVE has not materially changed since July 1999.

How Large is 21 SEREL DRIVE?

21 SEREL DRIVE is 54m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of semi-detached houses houses in Wells, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wells, and where 21 SEREL DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 21 SEREL DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wells.

21 SEREL DRIVE: Plot and Title Map

21 SEREL DRIVE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 21 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 21 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 21 SEREL DRIVE?

21 SEREL DRIVE is located in WELLS, in the BA5 postcode district. The below map shows the position of No. 21 on SEREL DRIVE.