8, CHAPEL CLOSE, NAILSEA, BRISTOL, BS48 1DP - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 CHAPEL CLOSE is a very small semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £353,724. It was last sold for £275,000 in April 2019, which was around 5% above the average April 2019 semi-detached price in the North Somerset local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was B.

8 CHAPEL CLOSE Sold Prices

Land registry data shows six sales for 8 CHAPEL CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the North Somerset local authority area for the corresponding sale date. All of the six 8 CHAPEL CLOSE 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
2019 30 APR	£275,000	£260,949	5% above HPI
2019 28 FEB	£280,000	£261,467	7% above HPI
2015 1 SEP	£235,000	£222,568	6% above HPI
2004 16 JUL	£175,000	£165,413	6% above HPI
1999 20 AUG	£75,000	£74,294	1% above HPI
1996 30 AUG	£64,500	£56,747	14% above HPI

8 CHAPEL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Somerset local authority area over time, sourced from the HPI. The six 8 CHAPEL CLOSE sales between August 1996 and April 2019 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 2019 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 8 CHAPEL CLOSE be worth now?

8 CHAPEL CLOSE might now be worth an estimated £353,724.

This is based on house price inflation of 28.6%, between April 2019 and February 2025, for semi-detached houses, in the North Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.6% inflationary increase is applied to the most recent sale price for 8 CHAPEL CLOSE of £275,000 on 30th April 2019. For the value to have increased from £275,000 to £353,724 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 8 CHAPEL CLOSE has moved in line with the HPI for semi-detached houses in the North Somerset local authority area.
• The April 2019 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHAPEL CLOSE has not materially changed since April 2019.

How Large is 8 CHAPEL CLOSE?

8 CHAPEL CLOSE is 76m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of semi-detached houses houses in Nailsea, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nailsea, and where 8 CHAPEL CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 8 CHAPEL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Nailsea.

8 CHAPEL CLOSE: Plot and Title Map

8 CHAPEL CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 8 CHAPEL CLOSE, 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 CHAPEL CLOSE). 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.

Where is 8 CHAPEL CLOSE?

8 CHAPEL CLOSE is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 8 on CHAPEL CLOSE.