1, CEDAR WAY, NAILSEA, BRISTOL, BS48 1QZ - £250,000

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

1 CEDAR WAY is a very small extended detached house of 85m², built sometime between 1976 and 1982. It was last sold for £250,000 in April 2008, which was around 18% below the average April 2008 detached price in the North Somerset local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

1 CEDAR WAY Sold Prices

Land registry data shows two sales for 1 CEDAR WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. Both of the two 1 CEDAR WAY 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
2008 21 APR	£250,000	£305,945	18% below HPI
2002 6 DEC	£177,500	£209,599	15% below HPI

1 CEDAR WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Somerset local authority area over time, sourced from the HPI. The two 1 CEDAR WAY sales from December 2002 and April 2008 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 December 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2008 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 CEDAR WAY?

1 CEDAR WAY is 85m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsea, and where 1 CEDAR WAY lies on this distribution: 14% of detached houses are smaller than 1 CEDAR WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Nailsea.

1 CEDAR WAY: Plot and Title Map

1 CEDAR WAY sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 1 CEDAR WAY, 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 1 CEDAR WAY). 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 1 CEDAR WAY?

1 CEDAR WAY is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 1 on CEDAR WAY.