LABURNUM HOUSE, KNOWLE LANE, WOOKEY, WELLS, BA5 1LB - £469,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LABURNUM HOUSE is a large extended detached house of 158m², built sometime between 1950 and 1966, which could now be worth an estimated £539,834. It was last sold for £469,000 in January 2021, which was around 17% above the average January 2021 detached price in the Somerset local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

LABURNUM HOUSE Sold Prices

Land registry data shows two sales for LABURNUM HOUSE 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 LABURNUM HOUSE 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 11 JAN	£469,000	£400,014	17% above HPI
2015 13 NOV	£352,000	£319,048	10% above HPI

LABURNUM HOUSE 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 LABURNUM HOUSE sales from November 2015 and January 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 2015 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might LABURNUM HOUSE be worth now?

LABURNUM HOUSE might now be worth an estimated £539,834.

This is based on house price inflation of 15.1%, between January 2021 and February 2025, 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 15.1% inflationary increase is applied to the most recent sale price for LABURNUM HOUSE of £469,000 on 11th January 2021. For the value to have increased from £469,000 to £539,834 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of LABURNUM HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The January 2021 sale price of £469,000 represented a fair market value for the property.
• The size, condition, and specification of LABURNUM HOUSE has not materially changed since January 2021.

How Large is LABURNUM HOUSE?

LABURNUM HOUSE is 158m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 30% 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 LABURNUM HOUSE lies on this distribution: 78% of detached houses houses are smaller than LABURNUM HOUSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Wookey.

LABURNUM HOUSE: Plot and Title Map

LABURNUM HOUSE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of LABURNUM HOUSE, 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 LABURNUM HOUSE). 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 LABURNUM HOUSE?

LABURNUM HOUSE is located on KNOWLE LANE in WOOKEY, in the BA5 postcode district. The below map shows the position of LABURNUM HOUSE on KNOWLE LANE.