Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources
49 RICHARDS CLOSE is a very small semi-detached house of 54m², built sometime between 1967 and 1975. It was last sold for £139,000 in January 2011, which was around 49% below the average January 2011 detached price in the Somerset local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows five sales for 49 RICHARDS CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the five 49 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 |
---|---|---|---|
2011 31 JAN | £139,000 | £274,589 | ![]() 49% below HPI |
2009 11 DEC | £137,500 | £265,584 | ![]() 48% below HPI |
2007 21 NOV | £170,000 | £298,845 | ![]() 43% below HPI |
2006 20 OCT | £146,500 | £278,176 | ![]() 47% below HPI |
2003 9 MAY | £99,950 | £214,276 | ![]() 53% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The five 49 RICHARDS CLOSE sales between May 2003 and January 2011 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 2009 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the January 2011 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.
49 RICHARDS CLOSE is 54m² according to the EPC inspection conducted in February 2009. 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 49 RICHARDS CLOSE lies on this distribution: 1% of detached houses are smaller than 49 RICHARDS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wellington.
49 RICHARDS CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 49 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 49 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.
49 RICHARDS CLOSE is located in WELLINGTON, in the TA21 postcode district. The below map shows the position of No. 49 on RICHARDS CLOSE.
Most recent sales first: