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
8 ALDER WAY is a very small extended detached house of 89m², built sometime between 1996 and 2002. It was last sold for £452,500 in September 2021, which was around 27% below the average September 2021 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 ALDER WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the three 8 ALDER 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 |
---|---|---|---|
2021 30 SEP | £452,500 | £619,524 | 27% below HPI |
2004 25 JUN | £225,000 | £321,307 | 30% below HPI |
1998 21 JAN | £96,950 | £129,099 | 25% below HPI |
The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The three 8 ALDER WAY sales between January 1998 and September 2021 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 June 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
8 ALDER WAY is 89m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses in Bath, based on EPC data. The below chart shows the distribution of detached houses by size in Bath, and where 8 ALDER WAY lies on this distribution: 10% of detached houses are smaller than 8 ALDER WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Bath.
8 ALDER WAY sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 8 ALDER 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 8 ALDER 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.
8 ALDER WAY is located in BATH, in the BA2 postcode district. The below map shows the position of No. 8 on ALDER WAY.