8, ABBEY CLOSE, WOOKEY, WELLS, BA5 1LF - £415,000

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

8 ABBEY CLOSE is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £415,000 in July 2015, which was around 37% above the average July 2015 detached price in the Somerset local authority area. The most recent EPC inspection was July 2024, where the current energy rating was E, and the potential energy rating was C.

8 ABBEY CLOSE Sold Prices

Land registry data shows two sales for 8 ABBEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 8 ABBEY CLOSE sales were for above 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
2015 30 JUL	£415,000	£302,418	37% above HPI
2011 23 MAR	£330,000	£269,602	22% above HPI

8 ABBEY 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 two 8 ABBEY CLOSE sales from March 2011 and July 2015 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 March 2011 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2015 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 8 ABBEY CLOSE?

8 ABBEY CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 50% of detached houses in Wookey, based on EPC data. The below chart shows the distribution of detached houses by size in Wookey, and where 8 ABBEY CLOSE lies on this distribution: 42% of detached houses are smaller than 8 ABBEY CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Wookey.

8 ABBEY CLOSE: Plot and Title Map

8 ABBEY CLOSE sits on a plot of roughly 0.293 of an acre, or 1,184m². The below map shows the location of 8 ABBEY 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 8 ABBEY 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 8 ABBEY CLOSE?

8 ABBEY CLOSE is located in WOOKEY, in the BA5 postcode district. The below map shows the position of No. 8 on ABBEY CLOSE.