RIVERSIDE, GILLS LANE, ROOKSBRIDGE, AXBRIDGE, BS26 2TY - £335,000

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.

RIVERSIDE is a very small extended detached house of 97m², built sometime before 1900, which could now be worth an estimated £542,142. It was last sold for £335,000 in September 2006, which was around 18% above the average September 2006 detached price in the Somerset local authority area. The most recent EPC inspection was October 2013, where the current energy rating was F, and the potential energy rating was C.

RIVERSIDE Sold Prices

Land registry data shows three sales for RIVERSIDE 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 RIVERSIDE 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
2006 15 SEP	£335,000	£284,508	18% above HPI
2003 31 OCT	£250,000	£233,715	7% above HPI
2001 24 AUG	£212,950	£157,950	35% above HPI

RIVERSIDE 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 RIVERSIDE sales between August 2001 and September 2006 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 October 2003 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2006 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might RIVERSIDE be worth now?

RIVERSIDE might now be worth an estimated £542,142.

This is based on house price inflation of 61.8%, between September 2006 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 61.8% inflationary increase is applied to the most recent sale price for RIVERSIDE of £335,000 on 15th September 2006. For the value to have increased from £335,000 to £542,142 over the nineteen years and seven months to February 2025, the following assumptions must hold true:

• The value of RIVERSIDE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2006 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of RIVERSIDE has not materially changed since September 2006.

How Large is RIVERSIDE?

RIVERSIDE is 97m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses houses in Rooks Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rooks Bridge, and where RIVERSIDE lies on this distribution: 17% of detached houses houses are smaller than RIVERSIDE, and 83% of houses are larger. Note that EPC data is not available for all properties in Rooks Bridge.

RIVERSIDE: Plot and Title Map

RIVERSIDE sits on a plot of roughly 1.3 acres, or 5,158m². The below map shows the location of RIVERSIDE, 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 RIVERSIDE). 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 RIVERSIDE?

RIVERSIDE is located on GILLS LANE in ROOKSBRIDGE, in the BS26 postcode district. The below map shows the position of RIVERSIDE on GILLS LANE.