Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 CHAPEL LANE is a small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £290,000 in September 2012, which was around 2% above the average September 2012 detached price in the North Somerset local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 7 CHAPEL LANE since 1st 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. One of the two 7 CHAPEL LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2012 28 SEP | £290,000 | £284,823 | 2% above HPI |
2007 19 FEB | £120,000 | £290,270 | 59% below HPI |
The below graph shows the average detached house price in the North Somerset local authority area over time, sourced from the HPI. The two 7 CHAPEL LANE sales from February 2007 and September 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 February 2007 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the September 2012 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
7 CHAPEL LANE is 96m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% of detached houses in Claverham, based on EPC data. The below chart shows the distribution of detached houses by size in Claverham, and where 7 CHAPEL LANE lies on this distribution: 28% of detached houses are smaller than 7 CHAPEL LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Claverham.
7 CHAPEL LANE sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of 7 CHAPEL 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 7 CHAPEL 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.
7 CHAPEL LANE is located in CLAVERHAM, in the BS49 postcode district. The below map shows the position of No. 7 on CHAPEL LANE.