31, WELLS ROAD, WOOKEY HOLE, WELLS, BA5 1DN - £330,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

31 WELLS ROAD is a small detached house of 103m², built sometime between 1950 and 1966. It was last sold for £330,000 in August 2016, which was around 2% above the average August 2016 detached price in the Somerset local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

31 WELLS ROAD Sold Prices

Land registry data shows two sales for 31 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 31 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
2016 15 AUG	£330,000	£323,980	2% above HPI
1996 29 NOV	£95,000	£87,075	9% above HPI

31 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 31 WELLS ROAD sales from November 1996 and August 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 November 1996 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2016 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 31 WELLS ROAD?

31 WELLS ROAD is 103m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 30% of detached houses in Wookey Hole, based on EPC data. The below chart shows the distribution of detached houses by size in Wookey Hole, and where 31 WELLS ROAD lies on this distribution: 22% of detached houses are smaller than 31 WELLS ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Wookey Hole.

31 WELLS ROAD: Plot and Title Map

31 WELLS ROAD sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 31 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 31 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 31 WELLS ROAD?

31 WELLS ROAD is located in WOOKEY HOLE, in the BA5 postcode district. The below map shows the position of No. 31 on WELLS ROAD.