ELMBANK, EXETER ROAD, ROCKWELL GREEN, WELLINGTON, TA21 9DH - £325,000

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

ELMBANK is a small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £325,000 in June 2021, which was around 16% below the average June 2021 detached price in the Somerset local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

ELMBANK Sold Prices

Land registry data shows three sales for ELMBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three ELMBANK 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
2021 30 JUN	£325,000	£386,350	16% below HPI
2013 19 NOV	£239,000	£278,890	14% below HPI
1997 11 AUG	£87,500	£95,508	8% below HPI

ELMBANK 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 three ELMBANK sales between August 1997 and June 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 November 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is ELMBANK?

ELMBANK is 94m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of detached houses in Rockwell Green, based on EPC data. The below chart shows the distribution of detached houses by size in Rockwell Green, and where ELMBANK lies on this distribution: 30% of detached houses are smaller than ELMBANK, and 68% of houses are larger. Note that EPC data is not available for all properties in Rockwell Green.

ELMBANK: Plot and Title Map

ELMBANK sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of ELMBANK, 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 ELMBANK). 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 ELMBANK?

ELMBANK is located on EXETER ROAD in ROCKWELL GREEN, in the TA21 postcode district. The below map shows the position of ELMBANK on EXETER ROAD.