4, MARLE PITS, BACKWELL, BRISTOL, BS48 3LD - £450,000

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

4 MARLE PITS is a very small extended detached house of 81m², built sometime between 1996 and 2002. It was last sold for £450,000 in October 2022, which was around 12% below the average October 2022 detached price in the North Somerset local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

4 MARLE PITS Sold Prices

Land registry data shows four sales for 4 MARLE PITS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. All of the four 4 MARLE PITS 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 27 OCT	£450,000	£513,930	12% below HPI
2020 25 AUG	£385,000	£428,508	10% below HPI
2009 21 DEC	£248,000	£267,165	7% below HPI
2002 27 SEP	£155,000	£203,767	24% below HPI

4 MARLE PITS 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 four 4 MARLE PITS sales between September 2002 and October 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 August 2020 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 4 MARLE PITS?

4 MARLE PITS is 81m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Backwell, based on EPC data. The below chart shows the distribution of detached houses by size in Backwell, and where 4 MARLE PITS lies on this distribution: 4% of detached houses are smaller than 4 MARLE PITS, and 96% of houses are larger. Note that EPC data is not available for all properties in Backwell.

4 MARLE PITS: Plot and Title Map

4 MARLE PITS sits on a plot of roughly 137.2 acres, or 555,383m². The below map shows the location of 4 MARLE PITS, 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 MARLE PITS). 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 MARLE PITS?

4 MARLE PITS is located in BACKWELL, in the BS48 postcode district. The below map shows the position of No. 4 on MARLE PITS.