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 PLOUGHED PADDOCK is a very large extended detached house of 175m², built sometime between 1967 and 1975. It was last sold for £496,000 in May 2021, which was around 14% above the average May 2021 detached price in the North Somerset local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 2 PLOUGHED PADDOCK 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 PLOUGHED PADDOCK 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 |
---|---|---|---|
2021 7 MAY | £496,000 | £435,538 | 14% above HPI |
2011 14 DEC | £340,000 | £282,249 | 20% above HPI |
2002 18 OCT | £216,000 | £205,439 | 5% 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 PLOUGHED PADDOCK sales between October 2002 and May 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 December 2011 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.
2 PLOUGHED PADDOCK is 175m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% 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 PLOUGHED PADDOCK lies on this distribution: 90% of detached houses are smaller than 2 PLOUGHED PADDOCK, and 10% of houses are larger. Note that EPC data is not available for all properties in Nailsea.
2 PLOUGHED PADDOCK sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 2 PLOUGHED PADDOCK, 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 PLOUGHED PADDOCK). 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 PLOUGHED PADDOCK is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 2 on PLOUGHED PADDOCK.