2, PIER CLOSE, PORTISHEAD, BRISTOL, BS20 7BU - £475,000

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 PIER CLOSE is a very large extended detached house of 156m², built sometime between 2003 and 2006. It was last sold for £475,000 in October 2020, which was around 9% above the average October 2020 detached price in the North Somerset local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was B.

2 PIER CLOSE Sold Prices

Land registry data shows two sales for 2 PIER CLOSE since 1^st 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 PIER 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
2020 19 OCT	£475,000	£435,506	9% above HPI
2005 28 FEB	£295,000	£255,999	15% above HPI

2 PIER 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 two 2 PIER CLOSE sales from February 2005 and October 2020 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 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 PIER CLOSE?

2 PIER CLOSE is 156m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of detached houses in Portishead, based on EPC data. The below chart shows the distribution of detached houses by size in Portishead, and where 2 PIER CLOSE lies on this distribution: 81% of detached houses are smaller than 2 PIER CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Portishead.

2 PIER CLOSE: Plot and Title Map

2 PIER CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 2 PIER 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 PIER 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 PIER CLOSE?

2 PIER CLOSE is located in PORTISHEAD, in the BS20 postcode district. The below map shows the position of No. 2 on PIER CLOSE.