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

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

8 CHAPEL CLOSE is a very small semi-detached house of 76m², built sometime between 1967 and 1975. It was last sold for £275,000 in April 2019, which was around 32% below the average April 2019 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 detached price in the North Somerset local authority area for the corresponding sale date. All of the six 8 CHAPEL CLOSE 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
2019 30 APR	£275,000	£407,113	32% below HPI
2019 28 FEB	£280,000	£409,489	32% below HPI
2015 1 SEP	£235,000	£348,617	33% below HPI
2004 16 JUL	£175,000	£255,770	32% below HPI
1999 20 AUG	£75,000	£123,486	39% below HPI
1996 30 AUG	£64,500	£92,510	30% below HPI

8 CHAPEL CLOSE Price Paid vs. HPI Average

The below graph shows the average 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2019 sale, which was also at 32% below the HPI.

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 detached houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsea, and where 8 CHAPEL CLOSE lies on this distribution: 6% of detached 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.