2, WOODLAND CLOSE, FAILAND, BRISTOL, BS8 3XB - £323,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 WOODLAND CLOSE is a small extended detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £534,566. It was last sold for £323,000 in December 2007, which was around 2% above the average December 2007 detached price in the North Somerset local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was D.

2 WOODLAND CLOSE Sold Prices

Land registry data shows two sales for 2 WOODLAND 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 WOODLAND 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
2007 14 DEC	£323,000	£317,176	2% above HPI
1996 29 NOV	£122,500	£97,235	26% above HPI

2 WOODLAND 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 WOODLAND CLOSE sales from November 1996 and December 2007 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 November 1996 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2007 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 WOODLAND CLOSE be worth now?

2 WOODLAND CLOSE might now be worth an estimated £534,566.

This is based on house price inflation of 65.5%, between December 2007 and December 2024, 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 65.5% inflationary increase is applied to the most recent sale price for 2 WOODLAND CLOSE of £323,000 on 14th December 2007. For the value to have increased from £323,000 to £534,566 over the seventeen years to December 2024, the following assumptions must hold true:

• The value of 2 WOODLAND CLOSE has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The December 2007 sale price of £323,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOODLAND CLOSE has not materially changed since December 2007.

How Large is 2 WOODLAND CLOSE?

2 WOODLAND CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses houses in Failand, based on EPC data. The below chart shows the distribution of detached houses houses by size in Failand, and where 2 WOODLAND CLOSE lies on this distribution: 26% of detached houses houses are smaller than 2 WOODLAND CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Failand.

2 WOODLAND CLOSE: Plot and Title Map

2 WOODLAND CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 2 WOODLAND 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 WOODLAND 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 WOODLAND CLOSE?

2 WOODLAND CLOSE is located in FAILAND, in the BS8 postcode district. The below map shows the position of No. 2 on WOODLAND CLOSE.