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
7 HANHAM WAY is a small extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £460,000 in July 2023, which was around 9% below the average July 2023 detached price in the North Somerset local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 7 HANHAM WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. Most of the four 7 HANHAM 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 |
---|---|---|---|
2023 3 JUL | £460,000 | £504,130 | 9% below HPI |
2004 3 SEP | £250,000 | £257,826 | 3% below HPI |
2002 9 AUG | £163,000 | £196,450 | 17% below HPI |
1996 23 FEB | £92,000 | £86,004 | 7% above HPI |
The below graph shows the average detached house price in the North Somerset local authority area over time, sourced from the HPI. The four 7 HANHAM WAY sales between February 1996 and July 2023 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 September 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
7 HANHAM WAY is 109m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsea, and where 7 HANHAM WAY lies on this distribution: 39% of detached houses are smaller than 7 HANHAM WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Nailsea.
7 HANHAM WAY sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 7 HANHAM 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 7 HANHAM 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.
7 HANHAM WAY is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 7 on HANHAM WAY.