3, THE LAND, COALPIT HEATH, BRISTOL, BS36 2LJ - £348,500

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.

3 THE LAND is a very small extended detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £382,133. It was last sold for £348,500 in March 2022, which was around 31% below the average March 2022 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

3 THE LAND Sold Prices

Land registry data shows three sales for 3 THE LAND since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. All of the three 3 THE LAND 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 18 MAR	£348,500	£507,859	31% below HPI
2017 17 FEB	£283,000	£408,085	31% below HPI
2002 9 MAR	£60,000	£185,038	68% below HPI

3 THE LAND Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The three 3 THE LAND sales between March 2002 and March 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 February 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2022 sale, which was also at 31% below the HPI.

What might 3 THE LAND be worth now?

3 THE LAND might now be worth an estimated £382,133.

This is based on house price inflation of 9.7%, between March 2022 and March 2025, for detached houses, in the South Gloucestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.7% inflationary increase is applied to the most recent sale price for 3 THE LAND of £348,500 on 18th March 2022. For the value to have increased from £348,500 to £382,133 over the three years to March 2025, the following assumptions must hold true:

• The value of 3 THE LAND has moved in line with the HPI for detached houses in the South Gloucestershire local authority area.
• The March 2022 sale price of £348,500 represented a fair market value for the property.
• The size, condition, and specification of 3 THE LAND has not materially changed since March 2022.

How Large is 3 THE LAND?

3 THE LAND is 90m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses houses in Coalpit Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coalpit Heath, and where 3 THE LAND lies on this distribution: 12% of detached houses houses are smaller than 3 THE LAND, and 88% of houses are larger. Note that EPC data is not available for all properties in Coalpit Heath.

3 THE LAND: Plot and Title Map

3 THE LAND sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 3 THE LAND, 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 THE LAND). 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 THE LAND?

3 THE LAND is located in COALPIT HEATH, in the BS36 postcode district. The below map shows the position of No. 3 on THE LAND.