18, DRAKES WAY, PORTISHEAD, BRISTOL, BS20 6LB - £540,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 DRAKES WAY is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £540,000 in November 2022, which was around 3% above the average November 2022 detached price in the North Somerset local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

18 DRAKES WAY Sold Prices

Land registry data shows three sales for 18 DRAKES WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. Two of the three 18 DRAKES WAY sales were for above the average price, whilst one was 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
2022 17 NOV	£540,000	£522,504	3% above HPI
2009 10 FEB	£250,000	£264,994	6% below HPI
2001 9 NOV	£235,000	£170,133	38% above HPI

18 DRAKES 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 three 18 DRAKES WAY sales between November 2001 and November 2022 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 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 18 DRAKES WAY?

18 DRAKES WAY is 113m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% of detached houses in Portishead, based on EPC data. The below chart shows the distribution of detached houses by size in Portishead, and where 18 DRAKES WAY lies on this distribution: 44% of detached houses are smaller than 18 DRAKES WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Portishead.

18 DRAKES WAY: Plot and Title Map

18 DRAKES WAY sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 18 DRAKES 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 18 DRAKES 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 18 DRAKES WAY?

18 DRAKES WAY is located in PORTISHEAD, in the BS20 postcode district. The below map shows the position of No. 18 on DRAKES WAY.