15, TEAL WAY, PORTISHEAD, BRISTOL, BS20 7EF - £283,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 TEAL WAY is a large detached house of 131m², built sometime between 2003 and 2006, which could now be worth an estimated £506,685. It was last sold for £283,000 in August 2011, which was around 3% below the average August 2011 detached price in the North Somerset local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

15 TEAL WAY Sold Prices

Land registry data shows two sales for 15 TEAL WAY 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 TEAL WAY 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
2011 5 AUG	£283,000	£293,189	3% below HPI
2006 29 SEP	£279,995	£283,606	1% below HPI

15 TEAL WAY 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 TEAL WAY sales from September 2006 and August 2011 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 September 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2011 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 15 TEAL WAY be worth now?

15 TEAL WAY might now be worth an estimated £506,685.

This is based on house price inflation of 79%, between August 2011 and December 2024, for detached houses, in the North Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79% inflationary increase is applied to the most recent sale price for 15 TEAL WAY of £283,000 on 5th August 2011. For the value to have increased from £283,000 to £506,685 over the twelve years and eight months to December 2024, the following assumptions must hold true:

• The value of 15 TEAL WAY has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The August 2011 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TEAL WAY has not materially changed since August 2011.

How Large is 15 TEAL WAY?

15 TEAL WAY is 131m² according to the EPC inspection conducted in February 2024. This puts it in the largest 40% of detached houses houses in Portishead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portishead, and where 15 TEAL WAY lies on this distribution: 63% of detached houses houses are smaller than 15 TEAL WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Portishead.

15 TEAL WAY: Plot and Title Map

15 TEAL WAY sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 15 TEAL WAY, 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 TEAL WAY). 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 TEAL WAY?

15 TEAL WAY is located in PORTISHEAD, in the BS20 postcode district. The below map shows the position of No. 15 on TEAL WAY.