1, CHAPEL CLOSE, NAILSEA, BRISTOL, BS48 1DP - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 CHAPEL CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £478,125. It was last sold for £380,000 in April 2019, which was around 10% below the average April 2019 detached price in the North Somerset local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

1 CHAPEL CLOSE Sold Prices

Land registry data shows two sales for 1 CHAPEL CLOSE 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 CHAPEL CLOSE 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
2019 26 APR	£380,000	£420,454	10% below HPI
2018 27 APR	£290,000	£415,113	30% below HPI

1 CHAPEL CLOSE 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 CHAPEL CLOSE sales from April 2018 and April 2019 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 April 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1 CHAPEL CLOSE be worth now?

1 CHAPEL CLOSE might now be worth an estimated £478,125.

This is based on house price inflation of 25.8%, between April 2019 and February 2025, for detached houses, in the North Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.8% inflationary increase is applied to the most recent sale price for 1 CHAPEL CLOSE of £380,000 on 26th April 2019. For the value to have increased from £380,000 to £478,125 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 1 CHAPEL CLOSE has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The April 2019 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHAPEL CLOSE has not materially changed since April 2019.

How Large is 1 CHAPEL CLOSE?

1 CHAPEL CLOSE is 74m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nailsea, and where 1 CHAPEL CLOSE lies on this distribution: 6% of detached houses houses are smaller than 1 CHAPEL CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Nailsea.

1 CHAPEL CLOSE: Plot and Title Map

1 CHAPEL CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 1 CHAPEL CLOSE, 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 CHAPEL CLOSE). 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 CHAPEL CLOSE?

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