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 WAVERLEY ROAD is a very small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £347,000 in July 2020, which was around 18% below the average July 2020 detached price in the North Somerset local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 2 WAVERLEY ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. All of the four 2 WAVERLEY ROAD 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 |
---|---|---|---|
2020 31 JUL | £347,000 | £422,325 | 18% below HPI |
2017 13 OCT | £300,000 | £396,335 | 24% below HPI |
2014 5 SEP | £190,000 | £323,279 | 41% below HPI |
2006 31 JUL | £210,000 | £271,875 | 23% 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 four 2 WAVERLEY ROAD sales between July 2006 and July 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 October 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
2 WAVERLEY ROAD is 87m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 10% of detached houses in Backwell, based on EPC data. The below chart shows the distribution of detached houses by size in Backwell, and where 2 WAVERLEY ROAD lies on this distribution: 7% of detached houses are smaller than 2 WAVERLEY ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Backwell.
2 WAVERLEY ROAD sits on a plot of roughly 10.0 acres, or 40,564m². The below map shows the location of 2 WAVERLEY 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 WAVERLEY 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 WAVERLEY ROAD is located in BACKWELL, in the BS48 postcode district. The below map shows the position of No. 2 on WAVERLEY ROAD.