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 THE DRIVE is a very small detached house of 46m², built sometime between 1950 and 1966. It was last sold for £239,000 in March 2003, which was around 9% above the average March 2003 detached price in the North Somerset local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 2 THE DRIVE 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. One of the two 2 THE DRIVE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2003 31 MAR | £239,000 | £218,898 | 9% above HPI |
2001 17 OCT | £163,000 | £168,865 | 3% below 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 THE DRIVE sales from October 2001 and March 2003 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 October 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2003 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
2 THE DRIVE is 46m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in Churchill, based on EPC data. The below chart shows the distribution of detached houses by size in Churchill, and where 2 THE DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 2 THE DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Churchill.
2 THE DRIVE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 2 THE DRIVE, 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 THE DRIVE). 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 THE DRIVE is located in CHURCHILL, in the BS25 postcode district. The below map shows the position of No. 2 on THE DRIVE.