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 MARLE PITS is a large extended detached house of 170m², built sometime between 1996 and 2002. It was last sold for £579,950 in August 2018, which was around 42% above the average August 2018 detached price in the North Somerset local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 7 MARLE PITS 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. All of the four 7 MARLE PITS 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 |
---|---|---|---|
2018 31 AUG | £579,950 | £407,052 | 42% above HPI |
2006 12 APR | £355,000 | £262,595 | 35% above HPI |
2004 6 AUG | £338,000 | £255,246 | 32% above HPI |
2002 19 JUL | £265,000 | £192,578 | 38% 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 MARLE PITS sales between July 2002 and August 2018 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 2006 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2018 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.
7 MARLE PITS is 170m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of detached houses in Backwell, based on EPC data. The below chart shows the distribution of detached houses by size in Backwell, and where 7 MARLE PITS lies on this distribution: 74% of detached houses are smaller than 7 MARLE PITS, and 26% of houses are larger. Note that EPC data is not available for all properties in Backwell.
7 MARLE PITS sits on a plot of roughly 137.2 acres, or 555,383m². The below map shows the location of 7 MARLE PITS, 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 MARLE PITS). 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 MARLE PITS is located in BACKWELL, in the BS48 postcode district. The below map shows the position of No. 7 on MARLE PITS.