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
42 GORSE COVER ROAD is a midsized extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £220,000 in June 2014, which was around 33% below the average June 2014 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 42 GORSE COVER ROAD since 1st 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 42 GORSE COVER ROAD 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 |
---|---|---|---|
2014 30 JUN | £220,000 | £327,489 | 33% below HPI |
2002 28 JUN | £149,995 | £199,426 | 25% below HPI |
1998 29 MAY | £84,000 | £114,268 | 26% below HPI |
The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The three 42 GORSE COVER ROAD sales between May 1998 and June 2014 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 June 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
42 GORSE COVER ROAD is 102m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the largest 50% of detached houses in Severn Beach, based on EPC data. The below chart shows the distribution of detached houses by size in Severn Beach, and where 42 GORSE COVER ROAD lies on this distribution: 57% of detached houses are smaller than 42 GORSE COVER ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Severn Beach.
42 GORSE COVER ROAD sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 42 GORSE COVER ROAD, 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 42 GORSE COVER ROAD). 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.
42 GORSE COVER ROAD is located in SEVERN BEACH, in the BS35 postcode district. The below map shows the position of No. 42 on GORSE COVER ROAD.