124, GORSE COVER ROAD, SEVERN BEACH, BRISTOL, BS35 4NP - £340,000

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

124 GORSE COVER ROAD is a small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £340,000 in March 2023, which was around 39% below the average March 2023 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

124 GORSE COVER ROAD Sold Prices

Land registry data shows two sales for 124 GORSE COVER ROAD 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. Both of the two 124 GORSE COVER ROAD 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
2023 10 MAR	£340,000	£555,209	39% below HPI
2002 28 JUN	£127,995	£199,426	36% below HPI

124 GORSE COVER ROAD 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 124 GORSE COVER ROAD sales from June 2002 and March 2023 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 June 2002 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 124 GORSE COVER ROAD?

124 GORSE COVER ROAD is 88m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% of detached houses in Severn Beach, based on EPC data. The below chart shows the distribution of detached houses by size in Severn Beach, and where 124 GORSE COVER ROAD lies on this distribution: 39% of detached houses are smaller than 124 GORSE COVER ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Severn Beach.

124 GORSE COVER ROAD: Plot and Title Map

124 GORSE COVER ROAD sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 124 GORSE COVER ROAD, 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 124 GORSE COVER ROAD). 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 124 GORSE COVER ROAD?

124 GORSE COVER ROAD is located in SEVERN BEACH, in the BS35 postcode district. The below map shows the position of No. 124 on GORSE COVER ROAD.