THE OLD RECTORY, CROSCOMBE, WELLS, BA5 3QN - £1,150,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE OLD RECTORY is a very large extended detached house of 303m², built sometime before 1900. It was last sold for £1,150,000 in February 2021, which was around 197% above the average February 2021 detached price in the Somerset local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

THE OLD RECTORY Sold Prices

Land registry data shows four sales for THE OLD RECTORY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four THE OLD RECTORY 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
2021 25 FEB	£1,150,000	£387,601	197% above HPI
2014 23 JUL	£900,000	£289,509	211% above HPI
2014 23 JAN	£870,000	£278,535	212% above HPI
2007 11 APR	£755,000	£283,821	166% above HPI

THE OLD RECTORY 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 four THE OLD RECTORY sales between April 2007 and February 2021 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 July 2014 sale was for 211% above the HPI. So the extrapolation line tracks at 211% above the HPI over time, until the February 2021 sale, where it falls to 197% above the HPI. The line then continues to track at 197% above the HPI.

How Large is THE OLD RECTORY?

THE OLD RECTORY is 303m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 10% of detached houses in Croscombe, based on EPC data. The below chart shows the distribution of detached houses by size in Croscombe, and where THE OLD RECTORY lies on this distribution: 98% of detached houses are smaller than THE OLD RECTORY, and 2% of houses are larger. Note that EPC data is not available for all properties in Croscombe.

THE OLD RECTORY: Plot and Title Map

THE OLD RECTORY sits on a plot of roughly 0.634 of an acre, or 2,566m². The below map shows the location of THE OLD RECTORY, 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 RECTORY). 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 RECTORY?

THE OLD RECTORY is located in CROSCOMBE, in the BA5 postcode district. The below map shows the position of THE OLD RECTORY in CROSCOMBE.