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 MADEIRA ROAD is a very large extended detached house of 176m², built sometime before 1900. It was last sold for £745,000 in August 2023, which was around 48% above the average August 2023 detached price in the North Somerset local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 2 MADEIRA ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. All of the three 2 MADEIRA ROAD 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 |
---|---|---|---|
2023 18 AUG | £745,000 | £502,649 | 48% above HPI |
2017 23 FEB | £540,000 | £377,648 | 43% above HPI |
2006 31 JUL | £383,000 | £271,875 | 41% 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 three 2 MADEIRA ROAD sales between July 2006 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 February 2017 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the August 2023 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.
2 MADEIRA ROAD is 176m², which includes three extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 20% of detached houses in Clevedon, based on EPC data. The below chart shows the distribution of detached houses by size in Clevedon, and where 2 MADEIRA ROAD lies on this distribution: 84% of detached houses are smaller than 2 MADEIRA ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Clevedon.
2 MADEIRA ROAD sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 2 MADEIRA ROAD, 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 MADEIRA ROAD). 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 MADEIRA ROAD is located in CLEVEDON, in the BS21 postcode district. The below map shows the position of No. 2 on MADEIRA ROAD.