49, DRAKES WAY, PORTISHEAD, BRISTOL, BS20 6LD - £150,000

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

49 DRAKES WAY is a large extended detached house of 146m², built sometime between 1983 and 1990. It was last sold for £150,000 in August 2023, which was around 70% below the average August 2023 detached price in the North Somerset local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

49 DRAKES WAY Sold Prices

Land registry data shows six sales for 49 DRAKES WAY 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. Most of the six 49 DRAKES WAY sales were for above 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
2023 26 AUG	£150,000	£502,649	70% below HPI
2008 5 FEB	£400,000	£306,992	30% above HPI
2005 30 AUG	£330,000	£262,819	26% above HPI
2002 5 SEP	£250,000	£203,767	23% above HPI
1998 9 OCT	£175,000	£113,299	54% above HPI
1997 29 SEP	£153,000	£104,426	47% above HPI

49 DRAKES WAY 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 49 DRAKES WAY sales between September 1997 and August 2023 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 2008 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the August 2023 sale, where it falls to 70% below the HPI. The line then continues to track at 70% below the HPI.

How Large is 49 DRAKES WAY?

49 DRAKES WAY is 146m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 30% of detached houses in Portishead, based on EPC data. The below chart shows the distribution of detached houses by size in Portishead, and where 49 DRAKES WAY lies on this distribution: 76% of detached houses are smaller than 49 DRAKES WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Portishead.

49 DRAKES WAY: Plot and Title Map

49 DRAKES WAY sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 49 DRAKES WAY, 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 49 DRAKES WAY). 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 49 DRAKES WAY?

49 DRAKES WAY is located in PORTISHEAD, in the BS20 postcode district. The below map shows the position of No. 49 on DRAKES WAY.