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
2 LARCH CLOSE is a large extended detached house of 141m², built sometime between 1983 and 1990. It was last sold for £567,000 in March 2019, which was around 39% above the average March 2019 detached price in the North Somerset local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 LARCH CLOSE since 1st 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. Both of the two 2 LARCH CLOSE sales were for above 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 22 MAR | £567,000 | £407,807 | 39% above HPI |
2019 28 FEB | £567,000 | £409,489 | 38% above HPI |
The below graph shows the average detached house price in the North Somerset local authority area over time, sourced from the HPI. The two 2 LARCH CLOSE sales from February 2019 and March 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 February 2019 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2019 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.
2 LARCH CLOSE is 141m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 30% of detached houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsea, and where 2 LARCH CLOSE lies on this distribution: 71% of detached houses are smaller than 2 LARCH CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Nailsea.
2 LARCH CLOSE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 2 LARCH 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 LARCH 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.
2 LARCH CLOSE is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 2 on LARCH CLOSE.