56, DRAKES WAY, PORTISHEAD, BRISTOL, BS20 6LD - £765,000

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

56 DRAKES WAY is a very large extended detached house of 168m², built sometime between 1983 and 1990. It was last sold for £765,000 in September 2022, which was around 50% above the average September 2022 detached price in the North Somerset local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

56 DRAKES WAY Sold Prices

Land registry data shows two sales for 56 DRAKES 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 56 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
2022 13 SEP	£765,000	£510,327	50% above HPI
1995 31 AUG	£123,000	£90,622	36% above HPI

56 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 two 56 DRAKES WAY sales from August 1995 and September 2022 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 August 1995 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2022 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 56 DRAKES WAY?

56 DRAKES WAY is 168m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 20% of detached houses in Portishead, based on EPC data. The below chart shows the distribution of detached houses by size in Portishead, and where 56 DRAKES WAY lies on this distribution: 86% of detached houses are smaller than 56 DRAKES WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Portishead.

56 DRAKES WAY: Plot and Title Map

56 DRAKES WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 56 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 56 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 56 DRAKES WAY?

56 DRAKES WAY is located in PORTISHEAD, in the BS20 postcode district. The below map shows the position of No. 56 on DRAKES WAY.