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 THE SQUARE is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £340,000 in April 2023, which was around 39% below the average April 2023 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 THE SQUARE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. Both of the two 7 THE SQUARE 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 21 APR | £340,000 | £556,369 | 39% below HPI |
2015 27 MAR | £305,000 | £348,298 | 12% below HPI |
The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The two 7 THE SQUARE sales from March 2015 and April 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 March 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
7 THE SQUARE is 113m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Alveston, based on EPC data. The below chart shows the distribution of detached houses by size in Alveston, and where 7 THE SQUARE lies on this distribution: 42% of detached houses are smaller than 7 THE SQUARE, and 57% of houses are larger. Note that EPC data is not available for all properties in Alveston.
7 THE SQUARE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 7 THE SQUARE, 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 THE SQUARE). 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 THE SQUARE is located in ALVESTON, in the BS35 postcode district. The below map shows the position of No. 7 on THE SQUARE.