11, CHELVEY RISE, NAILSEA, BRISTOL, BS48 2SQ - £372,500

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

11 CHELVEY RISE is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £372,500 in January 2024, which was around 26% below the average January 2024 detached price in the North Somerset local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

11 CHELVEY RISE Sold Prices

Land registry data shows four sales for 11 CHELVEY RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. All of the four 11 CHELVEY RISE 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
2024 22 JAN	£372,500	£501,750	26% below HPI
2018 14 DEC	£310,000	£415,685	25% below HPI
2000 10 MAR	£96,500	£136,494	29% below HPI
1997 12 DEC	£78,500	£104,089	25% below HPI

11 CHELVEY RISE 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 four 11 CHELVEY RISE sales between December 1997 and January 2024 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 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 11 CHELVEY RISE?

11 CHELVEY RISE is 67m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsea, and where 11 CHELVEY RISE lies on this distribution: 3% of detached houses are smaller than 11 CHELVEY RISE, and 97% of houses are larger. Note that EPC data is not available for all properties in Nailsea.

11 CHELVEY RISE: Plot and Title Map

11 CHELVEY RISE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 11 CHELVEY RISE, 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 11 CHELVEY RISE). 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 11 CHELVEY RISE?

11 CHELVEY RISE is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 11 on CHELVEY RISE.