8, CHESTNUT DRIVE, CHIPPING SODBURY, BRISTOL, BS37 6HF - £615,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 CHESTNUT DRIVE is a very large extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £615,000 in August 2023, which was around 14% above the average August 2023 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

8 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 8 CHESTNUT DRIVE since 1^st 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. One of the two 8 CHESTNUT DRIVE sales was for above the average price, whilst the other was 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 14 AUG	£615,000	£538,218	14% above HPI
2016 11 MAR	£343,000	£385,162	11% below HPI

8 CHESTNUT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The two 8 CHESTNUT DRIVE sales from March 2016 and August 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 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2023 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 8 CHESTNUT DRIVE be worth now?

8 CHESTNUT DRIVE might now be worth an estimated £635,426.

This is based on house price inflation of 3.3%, between August 2023 and December 2024, for detached houses, in the South Gloucestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.3% inflationary increase is applied to the most recent sale price for 8 CHESTNUT DRIVE of £615,000 on 14th August 2023. For the value to have increased from £615,000 to £635,426 over the eight months to December 2024, the following assumptions must hold true:

• The value of 8 CHESTNUT DRIVE has moved in line with the HPI for detached houses in the South Gloucestershire local authority area.
• The August 2023 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHESTNUT DRIVE has not materially changed since August 2023.

How Large is 8 CHESTNUT DRIVE?

8 CHESTNUT DRIVE is 136m², which includes three extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses houses in Chipping Sodbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chipping Sodbury, and where 8 CHESTNUT DRIVE lies on this distribution: 83% of detached houses houses are smaller than 8 CHESTNUT DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Chipping Sodbury.

8 CHESTNUT DRIVE: Plot and Title Map

8 CHESTNUT DRIVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 8 CHESTNUT DRIVE, 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 CHESTNUT DRIVE). 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 CHESTNUT DRIVE?

8 CHESTNUT DRIVE is located in CHIPPING SODBURY, in the BS37 postcode district. The below map shows the position of No. 8 on CHESTNUT DRIVE.