2, WITHY CLOSE, NAILSEA, BRISTOL, BS48 1JW - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WITHY CLOSE is a very small detached house of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £284,062. It was last sold for £285,000 in October 2022, which was around 46% below the average October 2022 detached price in the North Somerset local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

2 WITHY CLOSE Sold Prices

Land registry data shows four sales for 2 WITHY CLOSE since 1^st 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 WITHY CLOSE 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
2022 21 OCT	£285,000	£530,772	46% below HPI
2021 2 JUN	£247,500	£453,119	45% below HPI
2005 7 DEC	£179,950	£269,123	33% below HPI
1997 30 MAY	£69,950	£101,814	31% below HPI

2 WITHY 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 four 2 WITHY CLOSE sales between May 1997 and October 2022 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 June 2021 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 2 WITHY CLOSE be worth now?

2 WITHY CLOSE might now be worth an estimated £284,062.

This is based on house price deflation of 0.3%, between October 2022 and February 2025, for detached houses, in the North Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.3% deflationary decrease is applied to the most recent sale price for 2 WITHY CLOSE of £285,000 on 21st October 2022. For the value to have decreased from £285,000 to £284,062 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 WITHY CLOSE has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The October 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WITHY CLOSE has not materially changed since October 2022.

How Large is 2 WITHY CLOSE?

2 WITHY CLOSE is 53m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nailsea, and where 2 WITHY CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 2 WITHY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Nailsea.

2 WITHY CLOSE: Plot and Title Map

2 WITHY CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 2 WITHY 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 WITHY 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 WITHY CLOSE?

2 WITHY CLOSE is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 2 on WITHY CLOSE.