5, SOUTHFIELD CLOSE, NAILSEA, BRISTOL, BS48 1HT - £265,000

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 SOUTHFIELD CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £327,813. It was last sold for £265,000 in March 2020, which was around 38% below the average March 2020 detached price in the North Somerset local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

5 SOUTHFIELD CLOSE Sold Prices

Land registry data shows three sales for 5 SOUTHFIELD CLOSE since 1^st 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 5 SOUTHFIELD CLOSE 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
2020 18 MAR	£265,000	£427,657	38% below HPI
2007 13 APR	£187,500	£301,363	38% below HPI
2001 26 MAR	£96,000	£163,428	41% below HPI

5 SOUTHFIELD CLOSE 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 three 5 SOUTHFIELD CLOSE sales between March 2001 and March 2020 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 April 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2020 sale, which was also at 38% below the HPI.

What might 5 SOUTHFIELD CLOSE be worth now?

5 SOUTHFIELD CLOSE might now be worth an estimated £327,813.

This is based on house price inflation of 23.7%, between March 2020 and February 2025, for detached houses, in the North Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.7% inflationary increase is applied to the most recent sale price for 5 SOUTHFIELD CLOSE of £265,000 on 18th March 2020. For the value to have increased from £265,000 to £327,813 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 5 SOUTHFIELD CLOSE has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The March 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SOUTHFIELD CLOSE has not materially changed since March 2020.

How Large is 5 SOUTHFIELD CLOSE?

5 SOUTHFIELD CLOSE is 58m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of detached houses houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nailsea, and where 5 SOUTHFIELD CLOSE lies on this distribution: 1% of detached houses houses are smaller than 5 SOUTHFIELD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Nailsea.

5 SOUTHFIELD CLOSE: Plot and Title Map

5 SOUTHFIELD CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 5 SOUTHFIELD CLOSE, 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 SOUTHFIELD CLOSE). 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 SOUTHFIELD CLOSE?

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