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
4 FALMOUTH CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £335,000 in September 2020, which was around 23% below the average September 2020 detached price in the North Somerset local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 4 FALMOUTH CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. All of the six 4 FALMOUTH 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 |
---|---|---|---|
2020 18 SEP | £335,000 | £433,900 | 23% below HPI |
2016 30 SEP | £325,000 | £376,504 | 14% below HPI |
2010 29 JAN | £204,000 | £269,649 | 24% below HPI |
2002 26 APR | £138,000 | £179,549 | 23% below HPI |
2001 2 MAY | £120,000 | £161,171 | 26% below HPI |
1996 3 MAY | £77,500 | £91,370 | 15% below HPI |
The below graph shows the average detached house price in the North Somerset local authority area over time, sourced from the HPI. The six 4 FALMOUTH CLOSE sales between May 1996 and September 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 September 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
4 FALMOUTH CLOSE is 70m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsea, and where 4 FALMOUTH CLOSE lies on this distribution: 4% of detached houses are smaller than 4 FALMOUTH CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Nailsea.
4 FALMOUTH CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 4 FALMOUTH 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 4 FALMOUTH 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.
4 FALMOUTH CLOSE is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 4 on FALMOUTH CLOSE.