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 HOLLOW MEAD is a very small detached house of 53m², built sometime from 2007 onwards. It was last sold for £275,000 in May 2022, which was around 48% below the average May 2022 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 2 HOLLOW MEAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. All of the four 2 HOLLOW MEAD 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 |
---|---|---|---|
2022 6 MAY | £275,000 | £528,828 | 48% below HPI |
2018 24 JAN | £195,000 | £435,755 | 55% below HPI |
2015 8 APR | £180,000 | £352,374 | 49% below HPI |
2013 25 JUN | £164,995 | £302,900 | 46% below HPI |
The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The four 2 HOLLOW MEAD sales between June 2013 and May 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 January 2018 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the May 2022 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.
2 HOLLOW MEAD is 53m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Patchway, based on EPC data. The below chart shows the distribution of detached houses by size in Patchway, and where 2 HOLLOW MEAD lies on this distribution: 1% of detached houses are smaller than 2 HOLLOW MEAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Patchway.
2 HOLLOW MEAD sits on a plot of roughly 0.015 of an acre, or 61m². The below map shows the location of 2 HOLLOW MEAD, 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 HOLLOW MEAD). 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 HOLLOW MEAD is located in PATCHWAY, in the BS34 postcode district. The below map shows the position of No. 2 on HOLLOW MEAD.