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

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.

RIVER HOUSE is a very large extended detached house of 196m², built sometime between 2003 and 2006, which could now be worth an estimated £617,661. It was last sold for £375,000 in March 2013, which was around 34% above the average March 2013 detached price in the Somerset local authority area. The most recent EPC inspection was December 2024, 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	£279,540	34% above HPI
2004 15 SEP	£410,000	£265,120	55% 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 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the March 2013 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might RIVER HOUSE be worth now?

RIVER HOUSE might now be worth an estimated £617,661.

This is based on house price inflation of 64.7%, between March 2013 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 64.7% inflationary increase is applied to the most recent sale price for RIVER HOUSE of £375,000 on 22nd March 2013. For the value to have increased from £375,000 to £617,661 over the twelve years and one month to February 2025, the following assumptions must hold true:

• The value of RIVER HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The March 2013 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of RIVER HOUSE has not materially changed since March 2013.

How Large is RIVER HOUSE?

RIVER HOUSE is 196m², which includes one extension, according to the EPC inspection conducted in December 2024. This puts it in the largest 10% 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 RIVER HOUSE lies on this distribution: 92% of detached houses houses are smaller than RIVER HOUSE, and 8% 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.