56, ENGINE LANE, NAILSEA, BRISTOL, BS48 4RL - £319,000

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 ENGINE LANE is a large detached house of 153m², built sometime between 1967 and 1975. It was last sold for £319,000 in June 2012, which was around 16% above the average June 2012 detached price in the North Somerset local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was A.

56 ENGINE LANE Sold Prices

Land registry data shows two sales for 56 ENGINE LANE 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 ENGINE LANE 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
2012 14 JUN	£319,000	£276,156	16% above HPI
1997 7 AUG	£131,000	£101,915	29% above HPI

56 ENGINE LANE 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 ENGINE LANE sales from August 1997 and June 2012 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 1997 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2012 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 56 ENGINE LANE?

56 ENGINE LANE is 153m² according to the EPC inspection conducted in December 2014. 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 56 ENGINE LANE lies on this distribution: 79% of detached houses are smaller than 56 ENGINE LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Nailsea.

56 ENGINE LANE: Plot and Title Map

56 ENGINE LANE sits on a plot of roughly 0.134 of an acre, or 540m². The below map shows the location of 56 ENGINE LANE, 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 ENGINE LANE). 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 ENGINE LANE?

56 ENGINE LANE is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 56 on ENGINE LANE.