RIVERSIDE, MELLS, FROME, BA11 3QG - £686,000

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 small extended detached house of 159m², built sometime before 1900, which could now be worth an estimated £841,944. It was last sold for £686,000 in August 2019, which was around 83% above the average August 2019 detached price in the Somerset local authority area. The most recent EPC inspection was June 2018, where the current energy rating was F, and the potential energy rating was C.

RIVERSIDE Sold Prices

Land registry data shows two sales for RIVERSIDE 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 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
2019 23 AUG	£686,000	£375,149	83% above HPI
1997 17 DEC	£120,000	£100,829	19% 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 two RIVERSIDE sales from December 1997 and August 2019 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 1997 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2019 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

What might RIVERSIDE be worth now?

RIVERSIDE might now be worth an estimated £841,944.

This is based on house price inflation of 22.7%, between August 2019 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 22.7% inflationary increase is applied to the most recent sale price for RIVERSIDE of £686,000 on 23rd August 2019. For the value to have increased from £686,000 to £841,944 over the six years and six 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 August 2019 sale price of £686,000 represented a fair market value for the property.
• The size, condition, and specification of RIVERSIDE has not materially changed since August 2019.

How Large is RIVERSIDE?

RIVERSIDE is 159m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% 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 RIVERSIDE lies on this distribution: 26% of detached houses houses are smaller than RIVERSIDE, and 74% of houses are larger. Note that EPC data is not available for all properties in Mells.

RIVERSIDE: Plot and Title Map

RIVERSIDE sits on a plot of roughly 0.262 of an acre, or 1,062m². 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 in MELLS, in the BA11 postcode district. The below map shows the position of RIVERSIDE in MELLS.