2, GEORGE CLOSE, BACKWELL, BRISTOL, BS48 3LZ - £420,000

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

2 GEORGE CLOSE is a very small extended detached house of 91m², built sometime between 1996 and 2002. It was last sold for £420,000 in August 2023, which was around 16% below the average August 2023 detached price in the North Somerset local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

2 GEORGE CLOSE Sold Prices

Land registry data shows four sales for 2 GEORGE CLOSE 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. Most of the four 2 GEORGE CLOSE 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
2023 11 AUG	£420,000	£502,649	16% below HPI
2023 12 JAN	£475,000	£516,808	8% below HPI
2001 10 SEP	£170,000	£166,535	2% above HPI
1996 8 MAR	£84,500	£88,436	4% below HPI

2 GEORGE CLOSE 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 GEORGE CLOSE sales between March 1996 and August 2023 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 January 2023 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 GEORGE CLOSE?

2 GEORGE CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Farleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Farleigh, and where 2 GEORGE CLOSE lies on this distribution: 5% of detached houses are smaller than 2 GEORGE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Farleigh.

2 GEORGE CLOSE: Plot and Title Map

2 GEORGE CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 2 GEORGE CLOSE, 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 GEORGE CLOSE). 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 GEORGE CLOSE?

2 GEORGE CLOSE is located in BACKWELL, in the BS48 postcode district. The below map shows the position of No. 2 on GEORGE CLOSE.