8, HOMESTEAD CLOSE, FRAMPTON COTTERELL, BRISTOL, BS36 2FB - £395,000

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 HOMESTEAD CLOSE is a midsized extended detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £497,944. It was last sold for £395,000 in September 2019, which was around 12% below the average September 2019 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

8 HOMESTEAD CLOSE Sold Prices

Land registry data shows three sales for 8 HOMESTEAD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. Two of the three 8 HOMESTEAD CLOSE sales were for below the average price, whilst one was 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 6 SEP	£395,000	£446,869	12% below HPI
2019 27 JUN	£410,000	£440,177	7% below HPI
2002 7 JUN	£220,000	£196,413	12% above HPI

8 HOMESTEAD CLOSE 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 three 8 HOMESTEAD CLOSE sales between June 2002 and September 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 June 2019 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 HOMESTEAD CLOSE be worth now?

8 HOMESTEAD CLOSE might now be worth an estimated £497,944.

This is based on house price inflation of 26.1%, between September 2019 and February 2025, 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 26.1% inflationary increase is applied to the most recent sale price for 8 HOMESTEAD CLOSE of £395,000 on 6th September 2019. For the value to have increased from £395,000 to £497,944 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 HOMESTEAD CLOSE has moved in line with the HPI for detached houses in the South Gloucestershire local authority area.
• The September 2019 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HOMESTEAD CLOSE has not materially changed since September 2019.

How Large is 8 HOMESTEAD CLOSE?

8 HOMESTEAD CLOSE is 121m², which includes three extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of detached houses houses in Coalpit Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coalpit Heath, and where 8 HOMESTEAD CLOSE lies on this distribution: 51% of detached houses houses are smaller than 8 HOMESTEAD CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Coalpit Heath.

8 HOMESTEAD CLOSE: Plot and Title Map

8 HOMESTEAD CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 8 HOMESTEAD 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 HOMESTEAD 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 HOMESTEAD CLOSE?

8 HOMESTEAD CLOSE is located in FRAMPTON COTTERELL, in the BS36 postcode district. The below map shows the position of No. 8 on HOMESTEAD CLOSE.