RIVER HOUSE, WELLS ROAD, WOOKEY, WELLS, BA5 1LQ - £375,000

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

RIVER HOUSE is a very small detached house of 78m², built sometime between 2003 and 2006. It was last sold for £375,000 in March 2013, which was around 38% above the average March 2013 detached price in the Somerset local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

RIVER HOUSE Sold Prices

Land registry data shows two sales for RIVER 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 RIVER 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
2013 22 MAR	£375,000	£271,005	38% above HPI
2004 15 SEP	£410,000	£257,025	60% above HPI

RIVER 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 RIVER HOUSE sales from September 2004 and March 2013 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 September 2004 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the March 2013 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is RIVER HOUSE?

RIVER HOUSE is 78m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses in Wookey, based on EPC data. The below chart shows the distribution of detached houses by size in Wookey, and where RIVER HOUSE lies on this distribution: 2% of detached houses are smaller than RIVER HOUSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Wookey.

RIVER HOUSE: Plot and Title Map

RIVER HOUSE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of RIVER 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 RIVER 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 RIVER HOUSE?

RIVER HOUSE is located on WELLS ROAD in WOOKEY, in the BA5 postcode district. The below map shows the position of RIVER HOUSE on WELLS ROAD.