5, SHETLAND WAY, NAILSEA, BRISTOL, BS48 2UW - £235,000

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

5 SHETLAND WAY is a large extended detached house of 149m², built sometime between 1967 and 1975. It was last sold for £235,000 in November 2004, which was around 10% below the average November 2004 detached price in the North Somerset local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

5 SHETLAND WAY Sold Prices

Land registry data shows two sales for 5 SHETLAND WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. Both of the two 5 SHETLAND WAY 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
2004 12 NOV	£235,000	£262,065	10% below HPI
1996 8 NOV	£82,500	£94,150	12% below HPI

5 SHETLAND 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 two 5 SHETLAND WAY sales from November 1996 and November 2004 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 November 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2004 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 5 SHETLAND WAY?

5 SHETLAND WAY is 149m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsea, and where 5 SHETLAND WAY lies on this distribution: 77% of detached houses are smaller than 5 SHETLAND WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Nailsea.

5 SHETLAND WAY: Plot and Title Map

5 SHETLAND WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 5 SHETLAND 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 5 SHETLAND 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 5 SHETLAND WAY?

5 SHETLAND WAY is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 5 on SHETLAND WAY.