3, WELL CLOSE, LONG ASHTON, BRISTOL, BS41 9NB - £521,500

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 WELL CLOSE is a very small detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £599,236. It was last sold for £521,500 in December 2020, which was around 13% above the average December 2020 detached price in the North Somerset local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

3 WELL CLOSE Sold Prices

Land registry data shows two sales for 3 WELL 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 WELL 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
2020 15 DEC	£521,500	£460,397	13% above HPI
2016 18 FEB	£429,950	£367,281	17% above HPI

3 WELL 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 WELL CLOSE sales from February 2016 and December 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 February 2016 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2020 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 3 WELL CLOSE be worth now?

3 WELL CLOSE might now be worth an estimated £599,236.

This is based on house price inflation of 14.9%, between December 2020 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 14.9% inflationary increase is applied to the most recent sale price for 3 WELL CLOSE of £521,500 on 15th December 2020. For the value to have increased from £521,500 to £599,236 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 WELL CLOSE has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The December 2020 sale price of £521,500 represented a fair market value for the property.
• The size, condition, and specification of 3 WELL CLOSE has not materially changed since December 2020.

How Large is 3 WELL CLOSE?

3 WELL CLOSE is 91m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses houses in Long Ashton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Ashton, and where 3 WELL CLOSE lies on this distribution: 8% of detached houses houses are smaller than 3 WELL CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Long Ashton.

3 WELL CLOSE: Plot and Title Map

3 WELL CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 3 WELL 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 WELL 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 WELL CLOSE?

3 WELL CLOSE is located in LONG ASHTON, in the BS41 postcode district. The below map shows the position of No. 3 on WELL CLOSE.