15, MELLS CLOSE, KEYNSHAM, BRISTOL, BS31 1XJ - £345,000

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.

15 MELLS CLOSE is a very small semi-detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £443,190. It was last sold for £345,000 in January 2020, which was around 1% above the average January 2020 semi-detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

15 MELLS CLOSE Sold Prices

Land registry data shows two sales for 15 MELLS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bath and North East Somerset local authority area for the corresponding sale date. Both of the two 15 MELLS 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
2020 14 JAN	£345,000	£340,503	1% above HPI
2002 28 FEB	£167,500	£132,866	26% above HPI

15 MELLS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The two 15 MELLS CLOSE sales from February 2002 and January 2020 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 February 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 15 MELLS CLOSE be worth now?

15 MELLS CLOSE might now be worth an estimated £443,190.

This is based on house price inflation of 28.5%, between January 2020 and February 2025, for semi-detached houses, in the Bath and North East Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.5% inflationary increase is applied to the most recent sale price for 15 MELLS CLOSE of £345,000 on 14th January 2020. For the value to have increased from £345,000 to £443,190 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 MELLS CLOSE has moved in line with the HPI for semi-detached houses in the Bath and North East Somerset local authority area.
• The January 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MELLS CLOSE has not materially changed since January 2020.

How Large is 15 MELLS CLOSE?

15 MELLS CLOSE is 79m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of semi-detached houses houses in Keynsham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Keynsham, and where 15 MELLS CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 15 MELLS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Keynsham.

15 MELLS CLOSE: Plot and Title Map

15 MELLS CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 15 MELLS 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 MELLS 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 MELLS CLOSE?

15 MELLS CLOSE is located in KEYNSHAM, in the BS31 postcode district. The below map shows the position of No. 15 on MELLS CLOSE.