3, OAKHILL CLOSE, NAILSEA, BRISTOL, BS48 2SL - £445,000

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

3 OAKHILL CLOSE is a very small extended detached house of 88m², built sometime between 1983 and 1990. It was last sold for £445,000 in July 2022, which was around 11% below the average July 2022 detached price in the North Somerset local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

3 OAKHILL CLOSE Sold Prices

Land registry data shows two sales for 3 OAKHILL 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 3 OAKHILL 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 22 JUL	£445,000	£500,041	11% below HPI
2006 30 OCT	£240,000	£278,843	14% below HPI

3 OAKHILL 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 3 OAKHILL CLOSE sales from October 2006 and July 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 October 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 OAKHILL CLOSE?

3 OAKHILL CLOSE is 88m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 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 3 OAKHILL CLOSE lies on this distribution: 16% of detached houses are smaller than 3 OAKHILL CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Nailsea.

3 OAKHILL CLOSE: Plot and Title Map

3 OAKHILL CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 3 OAKHILL 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 3 OAKHILL 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 3 OAKHILL CLOSE?

3 OAKHILL CLOSE is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 3 on OAKHILL CLOSE.