50 Drake Road, Wells, BA5 3LE is a freehold semi-detached property built between 1967-1975. The property offers approximately 1,227 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £354,994 , which equates to approximately £289 per square foot. It was last sold on 7 May 2021 for £300,000. Since then, the value has increased by £54,994, representing a 18.3% increase, or approximately 4.0% per year.

The current estimated value of £354,994 is:

  • 18.8% lower than the average property price on Drake Road
  • 7.8% lower than the average in the BA5 3LE postcode area
  • and 3.4% lower than the average price for Wells as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 18 October 2018, the property was recorded as owner-occupied.

View sold house prices in BA5 3LE

Building approximate location

About Property

Type
Semi-Detached House
Built
1967-1975
Interior Size
1227 sq ft
Tenure
Freehold
Price (estimate)
£354,994
Price Per sq ft (estimate)
£289
Bedroom Count (estimate)
4 bedrooms

EPC Summary

50 Drake Road, Wells, Mendip, Somerset, BA5 3LE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 18 Oct 2018.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Mar 2009. The rating of D remains the same, but the energy efficiency score improved by 15.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system, no cylinderstat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, 200 mm loft insulation, improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to BA5 3LE

7 th / 14
Price Rank
8% lower than average
2 nd / 10
Size Rank
10% bigger than average
8 th / 10
Price Per Sq FT Rank
16% lower than average

Compared to other properties in BA5 3LE , this house's estimated value ranks 7th out of 14. Based on price per square foot, it ranks 8th out of 10 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 2nd out of 10 properties in its postcode area.

Sale History

Today
£354,994
streetscan.co.uk estimate
+18 %
7 May 2021
£300,000
Leasehold
+22.4 %
25 Jun 2010
£245,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1081 sq ft
sale price: £182,500
sale date: 15 Apr 2013
rooms: 6
size: 1183 sq ft
sale price: £226,000
sale date: 15 Jan 2007

Data Sources

The property at 50 Drake Road, Wells, BA5 3LE appears two times in the Land Registry records, with the latest transaction recorded on 7 May 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Oct 2018. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.