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
740 WELLS ROAD is a very large extended detached house of 275m², built sometime between 1950 and 1966. It was last sold for £390,000 in June 2014, which was around 7% above the average June 2014 detached price in the City of Bristol local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 740 WELLS ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Bristol local authority area for the corresponding sale date. One of the two 740 WELLS ROAD sales was for above the average price, whilst the other was 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 20 JUN | £390,000 | £365,428 | 7% above HPI |
2011 7 JAN | £184,935 | £314,429 | 41% 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 two 740 WELLS ROAD sales from January 2011 and June 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 January 2011 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2014 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
740 WELLS ROAD is 275m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 10% of detached houses in Bristol, based on EPC data. The below chart shows the distribution of detached houses by size in Bristol, and where 740 WELLS ROAD lies on this distribution: 96% of detached houses are smaller than 740 WELLS ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Bristol.
740 WELLS ROAD sits on a plot of roughly 0.224 of an acre, or 908m². The below map shows the location of 740 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 740 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.
740 WELLS ROAD is located in BRISTOL, in the BS14 postcode district. The below map shows the position of No. 740 on WELLS ROAD.