47, RICHARDS CLOSE, WELLINGTON, TA21 0BD - £154,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

47 RICHARDS CLOSE is a very small extended semi-detached house of 55m², built sometime between 1976 and 1982. It was last sold for £154,950 in May 2014, which was around 46% below the average May 2014 detached price in the Somerset local authority area. The most recent EPC inspection was June 2013, where the current energy rating was F, and the potential energy rating was C.

47 RICHARDS CLOSE Sold Prices

Land registry data shows four sales for 47 RICHARDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four 47 RICHARDS CLOSE 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
2014 16 MAY	£154,950	£285,404	46% below HPI
2007 15 OCT	£161,000	£298,084	46% below HPI
2002 21 JUN	£98,500	£176,985	44% below HPI
1998 27 OCT	£55,950	£105,546	47% below HPI

47 RICHARDS CLOSE 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 four 47 RICHARDS CLOSE sales between October 1998 and May 2014 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 October 2007 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2014 sale, which was also at 46% below the HPI.

How Large is 47 RICHARDS CLOSE?

47 RICHARDS CLOSE is 55m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses in Wellington, based on EPC data. The below chart shows the distribution of detached houses by size in Wellington, and where 47 RICHARDS CLOSE lies on this distribution: 1% of detached houses are smaller than 47 RICHARDS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wellington.

47 RICHARDS CLOSE: Plot and Title Map

47 RICHARDS CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 47 RICHARDS CLOSE, 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 47 RICHARDS CLOSE). 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 47 RICHARDS CLOSE?

47 RICHARDS CLOSE is located in WELLINGTON, in the TA21 postcode district. The below map shows the position of No. 47 on RICHARDS CLOSE.