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
656 WELLS ROAD is a small extended detached house of 110m², built sometime between 1930 and 1949. It was last sold for £540,000 in May 2024, which was around 16% below the average May 2024 detached price in the City of Bristol local authority area. The most recent EPC inspection was April 2023, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 656 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 656 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 |
---|---|---|---|
2024 10 MAY | £540,000 | £643,840 | 16% below HPI |
2014 25 JUN | £305,000 | £365,428 | 17% below HPI |
1997 8 AUG | £89,000 | £98,907 | 10% 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 656 WELLS ROAD sales between August 1997 and May 2024 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 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2024 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
656 WELLS ROAD is 110m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the smallest 40% of detached houses in Bristol, based on EPC data. The below chart shows the distribution of detached houses by size in Bristol, and where 656 WELLS ROAD lies on this distribution: 35% of detached houses are smaller than 656 WELLS ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Bristol.
656 WELLS ROAD sits on a plot of roughly 0.164 of an acre, or 663m². The below map shows the location of 656 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 656 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.
656 WELLS ROAD is located in BRISTOL, in the BS14 postcode district. The below map shows the position of No. 656 on WELLS ROAD.