RECTORY STABLES, GAY STREET, MELLS, FROME, BA11 3PT - £1,060,000

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

RECTORY STABLES is a very large extended detached house of 276m², built sometime between 1976 and 1982. It was last sold for £1,060,000 in April 2014, which was around 273% above the average April 2014 detached price in the Somerset local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

RECTORY STABLES Sold Prices

Land registry data shows three sales for RECTORY STABLES 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 RECTORY STABLES 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 23 APR	£1,060,000	£284,063	273% above HPI
2002 12 DEC	£570,000	£205,048	178% above HPI
2001 8 JUN	£460,000	£148,331	210% above HPI

RECTORY STABLES 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 RECTORY STABLES sales between June 2001 and April 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 December 2002 sale was for 178% above the HPI. So the extrapolation line tracks at 178% above the HPI over time, until the April 2014 sale, where it rises to 273% above the HPI. The line then continues to track at 273% above the HPI.

How Large is RECTORY STABLES?

RECTORY STABLES is 276m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses in Mells, based on EPC data. The below chart shows the distribution of detached houses by size in Mells, and where RECTORY STABLES lies on this distribution: 93% of detached houses are smaller than RECTORY STABLES, and 7% of houses are larger. Note that EPC data is not available for all properties in Mells.

RECTORY STABLES: Plot and Title Map

RECTORY STABLES sits on a plot of roughly 0.449 of an acre, or 1,818m². The below map shows the location of RECTORY STABLES, 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 RECTORY STABLES). 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 RECTORY STABLES?

RECTORY STABLES is located on GAY STREET in MELLS, in the BA11 postcode district. The below map shows the position of RECTORY STABLES on GAY STREET.