4, FALMOUTH CLOSE, NAILSEA, BRISTOL, BS48 2UP - £335,000

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.

4 FALMOUTH CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £395,482. It was last sold for £335,000 in September 2020, which was around 25% 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.

4 FALMOUTH CLOSE Sold Prices

Land registry data shows six sales for 4 FALMOUTH CLOSE since 1^st 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	£448,120	25% below HPI
2016 30 SEP	£325,000	£388,842	16% below HPI
2010 29 JAN	£204,000	£278,486	27% below HPI
2002 26 APR	£138,000	£185,434	26% below HPI
2001 2 MAY	£120,000	£166,452	28% below HPI
1996 3 MAY	£77,500	£94,365	18% below HPI

4 FALMOUTH 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 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 4 FALMOUTH CLOSE be worth now?

4 FALMOUTH CLOSE might now be worth an estimated £395,482.

This is based on house price inflation of 18.1%, between September 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 18.1% inflationary increase is applied to the most recent sale price for 4 FALMOUTH CLOSE of £335,000 on 18th September 2020. For the value to have increased from £335,000 to £395,482 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 FALMOUTH CLOSE has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The September 2020 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FALMOUTH CLOSE has not materially changed since September 2020.

How Large is 4 FALMOUTH CLOSE?

4 FALMOUTH CLOSE is 70m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nailsea, and where 4 FALMOUTH CLOSE lies on this distribution: 4% of detached houses 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: Plot and Title Map

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.

Where is 4 FALMOUTH CLOSE?

4 FALMOUTH CLOSE is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 4 on FALMOUTH CLOSE.