Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
48 ELM TREE ROAD is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £195,000 in July 2010, which was around 31% below the average July 2010 detached price in the North Somerset local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 48 ELM TREE ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. All of the three 48 ELM TREE 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 |
---|---|---|---|
2010 23 JUL | £195,000 | £283,695 | 31% below HPI |
2006 6 FEB | £189,950 | £259,150 | 27% below HPI |
1999 1 APR | £73,000 | £114,123 | 36% 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 three 48 ELM TREE ROAD sales between April 1999 and July 2010 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 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2010 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
48 ELM TREE ROAD is 74m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 10% of detached houses in Locking, based on EPC data. The below chart shows the distribution of detached houses by size in Locking, and where 48 ELM TREE ROAD lies on this distribution: 4% of detached houses are smaller than 48 ELM TREE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Locking.
48 ELM TREE ROAD sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 48 ELM TREE 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 48 ELM TREE 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.
48 ELM TREE ROAD is located in LOCKING, in the BS24 postcode district. The below map shows the position of No. 48 on ELM TREE ROAD.