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
2 GELDOF DRIVE is a midsized detached house of 105m², built sometime between 1976 and 1982. It was last sold for £323,000 in October 2019, which was around 42% below the average October 2019 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows six sales for 2 GELDOF DRIVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the six 2 GELDOF DRIVE 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 |
---|---|---|---|
2019 4 OCT | £323,000 | £559,161 | 42% below HPI |
2016 29 JUL | £275,000 | £515,847 | 47% below HPI |
2007 29 JUN | £247,000 | £377,029 | 34% below HPI |
2006 6 OCT | £230,000 | £362,128 | 36% below HPI |
2002 29 NOV | £169,000 | £275,950 | 39% below HPI |
1997 22 AUG | £76,000 | £123,822 | 39% below HPI |
The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The six 2 GELDOF DRIVE sales between August 1997 and October 2019 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 July 2016 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2019 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.
2 GELDOF DRIVE is 105m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 50% of detached houses in Midsomer Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Midsomer Norton, and where 2 GELDOF DRIVE lies on this distribution: 45% of detached houses are smaller than 2 GELDOF DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.
2 GELDOF DRIVE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 2 GELDOF DRIVE, 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 GELDOF DRIVE). 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.
2 GELDOF DRIVE is located in MIDSOMER NORTON, in the BA3 postcode district. The below map shows the position of No. 2 on GELDOF DRIVE.