2, CHELVEY RISE, NAILSEA, BRISTOL, BS48 2SQ - £225,000

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.

2 CHELVEY RISE is a very small detached house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £427,420. It was last sold for £225,000 in January 2010, which was around 19% below the average January 2010 detached price in the North Somerset local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

2 CHELVEY RISE Sold Prices

Land registry data shows four sales for 2 CHELVEY RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. All of the four 2 CHELVEY RISE 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
2010 15 JAN	£225,000	£278,486	19% below HPI
2007 24 APR	£230,000	£301,363	24% below HPI
2006 20 OCT	£222,500	£287,981	23% below HPI
2005 14 JAN	£172,000	£265,035	35% below HPI

2 CHELVEY RISE 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 four 2 CHELVEY RISE sales between January 2005 and January 2010 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 April 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2010 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 CHELVEY RISE be worth now?

2 CHELVEY RISE might now be worth an estimated £427,420.

This is based on house price inflation of 90%, between January 2010 and February 2025, 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 90% inflationary increase is applied to the most recent sale price for 2 CHELVEY RISE of £225,000 on 15th January 2010. For the value to have increased from £225,000 to £427,420 over the fourteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 CHELVEY RISE has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The January 2010 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHELVEY RISE has not materially changed since January 2010.

How Large is 2 CHELVEY RISE?

2 CHELVEY RISE is 57m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nailsea, and where 2 CHELVEY RISE lies on this distribution: 1% of detached houses houses are smaller than 2 CHELVEY RISE, and 99% of houses are larger. Note that EPC data is not available for all properties in Nailsea.

2 CHELVEY RISE: Plot and Title Map

2 CHELVEY RISE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 2 CHELVEY RISE, 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 2 CHELVEY RISE). 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 2 CHELVEY RISE?

2 CHELVEY RISE is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 2 on CHELVEY RISE.