18, SHETLAND WAY, NAILSEA, BRISTOL, BS48 2UW - £350,000

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

18 SHETLAND WAY is a very small detached house of 91m², built sometime between 1983 and 1990. It was last sold for £350,000 in February 2024, which was around 31% below the average February 2024 detached price in the North Somerset local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

18 SHETLAND WAY Sold Prices

Land registry data shows two sales for 18 SHETLAND 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. One of the two 18 SHETLAND WAY sales was for below the average price, whilst the other was roughly equal to 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
2024 5 FEB	£350,000	£503,871	31% below HPI
1996 18 MAR	£88,500	£88,436	Close to HPI

18 SHETLAND 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 18 SHETLAND WAY sales from March 1996 and February 2024 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 March 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 18 SHETLAND WAY?

18 SHETLAND WAY is 91m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 20% of detached houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsea, and where 18 SHETLAND WAY lies on this distribution: 19% of detached houses are smaller than 18 SHETLAND WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Nailsea.

18 SHETLAND WAY: Plot and Title Map

18 SHETLAND WAY sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 18 SHETLAND 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 SHETLAND 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 SHETLAND WAY?

18 SHETLAND WAY is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 18 on SHETLAND WAY.