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 LAVENDER WAY is a small detached house of 82m², built sometime between 1991 and 1995. It was last sold for £415,000 in November 2021, which was around 19% below the average November 2021 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows eight sales for 2 LAVENDER WAY since 1st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. All of the eight 2 LAVENDER WAY 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 |
---|---|---|---|
2021 15 NOV | £415,000 | £510,212 | 19% below HPI |
2014 13 MAY | £250,000 | £328,617 | 24% below HPI |
2013 2 AUG | £234,000 | £304,662 | 23% below HPI |
2007 31 AUG | £237,995 | £326,271 | 27% below HPI |
2006 24 NOV | £213,500 | £297,560 | 28% below HPI |
2005 27 MAY | £192,000 | £264,701 | 27% below HPI |
2004 30 JAN | £174,000 | £244,496 | 29% below HPI |
1999 30 SEP | £99,950 | £129,250 | 23% 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 eight 2 LAVENDER WAY sales between September 1999 and November 2021 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 May 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
2 LAVENDER WAY is 82m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Bradley Stoke, based on EPC data. The below chart shows the distribution of detached houses by size in Bradley Stoke, and where 2 LAVENDER WAY lies on this distribution: 20% of detached houses are smaller than 2 LAVENDER WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Bradley Stoke.
2 LAVENDER WAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 2 LAVENDER WAY, 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 LAVENDER WAY). 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 LAVENDER WAY is located in BRADLEY STOKE, in the BS32 postcode district. The below map shows the position of No. 2 on LAVENDER WAY.