THREE ACRES, WELLS ROAD, CHILCOMPTON, RADSTOCK, BA3 4EY - £417,500

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

THREE ACRES is a large extended detached house of 149m², built sometime between 1950 and 1966. It was last sold for £417,500 in August 2018, which was around 16% above the average August 2018 detached price in the Somerset local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

THREE ACRES Sold Prices

Land registry data shows two sales for THREE ACRES 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. One of the two THREE ACRES sales was for above the average price, whilst the other was for below 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
2018 24 AUG	£417,500	£358,456	16% above HPI
1995 20 OCT	£80,000	£84,487	5% below HPI

THREE ACRES 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 THREE ACRES sales from October 1995 and August 2018 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 1995 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2018 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is THREE ACRES?

THREE ACRES is 149m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Chilcompton, based on EPC data. The below chart shows the distribution of detached houses by size in Chilcompton, and where THREE ACRES lies on this distribution: 65% of detached houses are smaller than THREE ACRES, and 35% of houses are larger. Note that EPC data is not available for all properties in Chilcompton.

THREE ACRES: Plot and Title Map

THREE ACRES sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of THREE ACRES, 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 THREE ACRES). 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 THREE ACRES?

THREE ACRES is located on WELLS ROAD in CHILCOMPTON, in the BA3 postcode district. The below map shows the position of THREE ACRES on WELLS ROAD.