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
451 WELLS ROAD is a very small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £263,000 in November 2018, which was around 50% below the average November 2018 detached price in the City of Bristol local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 451 WELLS ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Bristol local authority area for the corresponding sale date. All of the three 451 WELLS ROAD 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 |
---|---|---|---|
2018 20 NOV | £263,000 | £523,210 | 50% below HPI |
2004 3 JUN | £168,000 | £259,505 | 35% below HPI |
2003 15 APR | £120,000 | £244,481 | 51% below HPI |
The below graph shows the average detached house price in the City of Bristol local authority area over time, sourced from the HPI. The three 451 WELLS ROAD sales between April 2003 and November 2018 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 June 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2018 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.
451 WELLS ROAD is 89m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses in Bristol, based on EPC data. The below chart shows the distribution of detached houses by size in Bristol, and where 451 WELLS ROAD lies on this distribution: 17% of detached houses are smaller than 451 WELLS ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Bristol.
451 WELLS ROAD sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 451 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 451 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.
451 WELLS ROAD is located in BRISTOL, in the BS14 postcode district. The below map shows the position of No. 451 on WELLS ROAD.