CERNEY, NORTH ROAD, WOOKEY, WELLS, BA5 1LA - £652,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CERNEY is a very large extended detached house of 199m², built sometime between 1967 and 1975, which could now be worth an estimated £979,595. It was last sold for £652,500 in September 2014, which was around 114% above the average September 2014 detached price in the Somerset local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was C.

CERNEY Sold Prices

Land registry data shows two sales for CERNEY 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 CERNEY 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
2014 25 SEP	£652,500	£305,000	114% above HPI
2005 23 AUG	£415,000	£266,383	56% above HPI

CERNEY 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 CERNEY sales from August 2005 and September 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 August 2005 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the September 2014 sale, where it rises to 114% above the HPI. The line then continues to track at 114% above the HPI.

What might CERNEY be worth now?

CERNEY might now be worth an estimated £979,595.

This is based on house price inflation of 50.1%, between September 2014 and December 2024, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.1% inflationary increase is applied to the most recent sale price for CERNEY of £652,500 on 25th September 2014. For the value to have increased from £652,500 to £979,595 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of CERNEY has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2014 sale price of £652,500 represented a fair market value for the property.
• The size, condition, and specification of CERNEY has not materially changed since September 2014.

How Large is CERNEY?

CERNEY is 199m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 10% of detached houses houses in Wookey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wookey, and where CERNEY lies on this distribution: 94% of detached houses houses are smaller than CERNEY, and 6% of houses are larger. Note that EPC data is not available for all properties in Wookey.

CERNEY: Plot and Title Map

CERNEY sits on a plot of roughly 0.469 of an acre, or 1,899m². The below map shows the location of CERNEY, 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 CERNEY). 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 CERNEY?

CERNEY is located on NORTH ROAD in WOOKEY, in the BA5 postcode district. The below map shows the position of CERNEY on NORTH ROAD.