WELL HOUSE, SILVER STREET, MISTERTON, CREWKERNE, TA18 8NG - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WELL HOUSE is a very small detached house of 93m², built sometime between 1950 and 1966. It was last sold for £315,000 in March 2022, which was around 26% below the average March 2022 detached price in the Somerset local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

WELL HOUSE Sold Prices

Land registry data shows two sales for WELL HOUSE 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 WELL HOUSE sales were 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
2022 22 MAR	£315,000	£424,729	26% below HPI
2003 31 OCT	£220,000	£226,579	3% below HPI

WELL HOUSE 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 WELL HOUSE sales from October 2003 and March 2022 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 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is WELL HOUSE?

WELL HOUSE is 93m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of detached houses in Misterton, based on EPC data. The below chart shows the distribution of detached houses by size in Misterton, and where WELL HOUSE lies on this distribution: 15% of detached houses are smaller than WELL HOUSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Misterton.

WELL HOUSE: Plot and Title Map

WELL HOUSE sits on a plot of roughly 0.096 of an acre, or 386m². The below map shows the location of WELL HOUSE, 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 WELL HOUSE). 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 WELL HOUSE?

WELL HOUSE is located on SILVER STREET in MISTERTON, in the TA18 postcode district. The below map shows the position of WELL HOUSE on SILVER STREET.