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

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.

RECTORY STABLES is a very large extended detached house of 276m², built sometime between 1976 and 1982, which could now be worth an estimated £1,665,659. It was last sold for £1,060,000 in April 2014, which was around 262% 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	£293,010	262% above HPI
2002 12 DEC	£570,000	£211,505	169% above HPI
2001 8 JUN	£460,000	£153,003	201% 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 169% above the HPI. So the extrapolation line tracks at 169% above the HPI over time, until the April 2014 sale, where it rises to 262% above the HPI. The line then continues to track at 262% above the HPI.

What might RECTORY STABLES be worth now?

RECTORY STABLES might now be worth an estimated £1,665,659.

This is based on house price inflation of 57.1%, between April 2014 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 57.1% inflationary increase is applied to the most recent sale price for RECTORY STABLES of £1,060,000 on 23rd April 2014. For the value to have increased from £1,060,000 to £1,665,659 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of RECTORY STABLES has moved in line with the HPI for detached houses in the Somerset local authority area.
• The April 2014 sale price of £1,060,000 represented a fair market value for the property.
• The size, condition, and specification of RECTORY STABLES has not materially changed since April 2014.

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 houses in Mells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mells, and where RECTORY STABLES lies on this distribution: 93% of detached houses 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.