ELDERWELL, LONG STREET, CROSCOMBE, WELLS, BA5 3QH - £637,500

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

ELDERWELL is a very large extended detached house of 192m², built sometime between 1996 and 2002. It was last sold for £637,500 in October 2021, which was around 58% above the average October 2021 detached price in the Somerset local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

ELDERWELL Sold Prices

Land registry data shows two sales for ELDERWELL 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 ELDERWELL 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
2021 13 OCT	£637,500	£402,592	58% above HPI
2013 24 SEP	£490,000	£278,043	76% above HPI

ELDERWELL 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 ELDERWELL sales from September 2013 and October 2021 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 September 2013 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the October 2021 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is ELDERWELL?

ELDERWELL is 192m², which includes four extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 20% of detached houses in Croscombe, based on EPC data. The below chart shows the distribution of detached houses by size in Croscombe, and where ELDERWELL lies on this distribution: 84% of detached houses are smaller than ELDERWELL, and 16% of houses are larger. Note that EPC data is not available for all properties in Croscombe.

ELDERWELL: Plot and Title Map

ELDERWELL sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of ELDERWELL, 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 ELDERWELL). 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 ELDERWELL?

ELDERWELL is located on LONG STREET in CROSCOMBE, in the BA5 postcode district. The below map shows the position of ELDERWELL on LONG STREET.