15, CHEDDAR CLOSE, NAILSEA, BRISTOL, BS48 4YA - £525,000

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

15 CHEDDAR CLOSE is a midsized extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £525,000 in June 2023, which was around 4% above the average June 2023 detached price in the North Somerset local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

15 CHEDDAR CLOSE Sold Prices

Land registry data shows two sales for 15 CHEDDAR 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 15 CHEDDAR CLOSE sales were 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
2023 13 JUN	£525,000	£502,743	4% above HPI
2004 4 MAY	£314,950	£249,786	26% above HPI

15 CHEDDAR 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 15 CHEDDAR CLOSE sales from May 2004 and June 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 May 2004 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 15 CHEDDAR CLOSE?

15 CHEDDAR CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsea, and where 15 CHEDDAR CLOSE lies on this distribution: 60% of detached houses are smaller than 15 CHEDDAR CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Nailsea.

15 CHEDDAR CLOSE: Plot and Title Map

15 CHEDDAR CLOSE sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of 15 CHEDDAR 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 15 CHEDDAR 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 15 CHEDDAR CLOSE?

15 CHEDDAR CLOSE is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 15 on CHEDDAR CLOSE.