5, MILL STEPS, WINTERBOURNE DOWN, BRISTOL, BS36 1BT - £162,000

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.

5 MILL STEPS is a very small extended detached house of 50m², built sometime before 1900, which could now be worth an estimated £313,209. It was last sold for £162,000 in December 2011, which was around 44% below the average December 2011 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was F, and the potential energy rating was F.

5 MILL STEPS Sold Prices

Land registry data shows four sales for 5 MILL STEPS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. All of the four 5 MILL STEPS 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
2011 12 DEC	£162,000	£291,370	44% below HPI
2006 4 OCT	£175,000	£288,518	39% below HPI
2001 30 NOV	£101,500	£176,028	42% below HPI
1996 6 AUG	£52,000	£92,454	44% below HPI

5 MILL STEPS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The four 5 MILL STEPS sales between August 1996 and December 2011 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 October 2006 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2011 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 5 MILL STEPS be worth now?

5 MILL STEPS might now be worth an estimated £313,209.

This is based on house price inflation of 93.3%, between December 2011 and February 2025, for detached houses, in the South Gloucestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 93.3% inflationary increase is applied to the most recent sale price for 5 MILL STEPS of £162,000 on 12th December 2011. For the value to have increased from £162,000 to £313,209 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 MILL STEPS has moved in line with the HPI for detached houses in the South Gloucestershire local authority area.
• The December 2011 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILL STEPS has not materially changed since December 2011.

How Large is 5 MILL STEPS?

5 MILL STEPS is 50m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses houses in Winterbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winterbourne, and where 5 MILL STEPS lies on this distribution: Less than 1% of detached houses houses are smaller than 5 MILL STEPS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Winterbourne.

5 MILL STEPS: Plot and Title Map

5 MILL STEPS sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 5 MILL STEPS, 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 5 MILL STEPS). 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 5 MILL STEPS?

5 MILL STEPS is located in WINTERBOURNE DOWN, in the BS36 postcode district. The below map shows the position of No. 5 on MILL STEPS.