1, PEARCE CLOSE, THORNBURY, BRISTOL, BS35 2HZ - £450,000

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 PEARCE CLOSE is a very small detached house of 62m², which could now be worth an estimated £544,397. It was last sold for £450,000 in June 2021, which was around 3% below the average June 2021 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was B, and the potential energy rating was B.

1 PEARCE CLOSE Sold Prices

Land registry data shows two sales for 1 PEARCE 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 South Gloucestershire local authority area for the corresponding sale date. One of the two 1 PEARCE CLOSE sales was for below the average price, whilst the other was for above 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
2021 21 JUN	£450,000	£465,651	3% below HPI
2009 27 MAR	£340,000	£255,905	33% above HPI

1 PEARCE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The two 1 PEARCE CLOSE sales from March 2009 and June 2021 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 March 2009 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 1 PEARCE CLOSE be worth now?

1 PEARCE CLOSE might now be worth an estimated £544,397.

This is based on house price inflation of 21%, between June 2021 and February 2025, for detached houses, in the South Gloucestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21% inflationary increase is applied to the most recent sale price for 1 PEARCE CLOSE of £450,000 on 21st June 2021. For the value to have increased from £450,000 to £544,397 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 1 PEARCE CLOSE has moved in line with the HPI for detached houses in the South Gloucestershire local authority area.
• The June 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PEARCE CLOSE has not materially changed since June 2021.

How Large is 1 PEARCE CLOSE?

1 PEARCE CLOSE is 62m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of detached houses houses in Thornbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thornbury, and where 1 PEARCE CLOSE lies on this distribution: 2% of detached houses houses are smaller than 1 PEARCE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Thornbury.

1 PEARCE CLOSE: Plot and Title Map

1 PEARCE CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 1 PEARCE 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 PEARCE 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 PEARCE CLOSE?

1 PEARCE CLOSE is located in THORNBURY, in the BS35 postcode district. The below map shows the position of No. 1 on PEARCE CLOSE.