THE OLD GAOL, ROCK STREET, CROSCOMBE, WELLS, BA5 3QT - £335,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE OLD GAOL is a midsized extended semi-detached house of 122m², built sometime before 1900, which could now be worth an estimated £473,483. It was last sold for £335,000 in August 2016, which was around 64% above the average August 2016 semi-detached price in the Somerset local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

THE OLD GAOL Sold Prices

Land registry data shows two sales for THE OLD GAOL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. Both of the two THE OLD GAOL 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
2016 31 AUG	£335,000	£204,218	64% above HPI
2002 11 NOV	£245,000	£120,069	104% above HPI

THE OLD GAOL Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Somerset local authority area over time, sourced from the HPI. The two THE OLD GAOL sales from November 2002 and August 2016 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 November 2002 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the August 2016 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might THE OLD GAOL be worth now?

THE OLD GAOL might now be worth an estimated £473,483.

This is based on house price inflation of 41.3%, between August 2016 and December 2024, for semi-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 41.3% inflationary increase is applied to the most recent sale price for THE OLD GAOL of £335,000 on 31st August 2016. For the value to have increased from £335,000 to £473,483 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of THE OLD GAOL has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The August 2016 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD GAOL has not materially changed since August 2016.

How Large is THE OLD GAOL?

THE OLD GAOL is 122m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of semi-detached houses houses in Croscombe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Croscombe, and where THE OLD GAOL lies on this distribution: 54% of semi-detached houses houses are smaller than THE OLD GAOL, and 46% of houses are larger. Note that EPC data is not available for all properties in Croscombe.

THE OLD GAOL: Plot and Title Map

THE OLD GAOL sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of THE OLD GAOL, 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 THE OLD GAOL). 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 THE OLD GAOL?

THE OLD GAOL is located on ROCK STREET in CROSCOMBE, in the BA5 postcode district. The below map shows the position of THE OLD GAOL on ROCK STREET.