REDLANDS, WELLS ROAD, RADSTOCK, BA3 3SB - £205,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

REDLANDS is a large extended detached house of 133m², built sometime between 1900 and 1929. It was last sold for £205,000 in September 2005, which was around 40% below the average September 2005 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

REDLANDS Sold Prices

Land registry data shows two sales for REDLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. Both of the two REDLANDS 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
2005 26 SEP	£205,000	£341,779	40% below HPI
1999 9 APR	£81,000	£143,330	43% below HPI

REDLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The two REDLANDS sales from April 1999 and September 2005 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 April 1999 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2005 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is REDLANDS?

REDLANDS is 133m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 30% of detached houses in Radstock, based on EPC data. The below chart shows the distribution of detached houses by size in Radstock, and where REDLANDS lies on this distribution: 72% of detached houses are smaller than REDLANDS, and 27% of houses are larger. Note that EPC data is not available for all properties in Radstock.

REDLANDS: Plot and Title Map

REDLANDS sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of REDLANDS, 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 REDLANDS). 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 REDLANDS?

REDLANDS is located on WELLS ROAD in RADSTOCK, in the BA3 postcode district. The below map shows the position of REDLANDS on WELLS ROAD.