8, MELLS CLOSE, KEYNSHAM, BRISTOL, BS31 1XJ - £350,000

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 MELLS CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £477,830. It was last sold for £350,000 in November 2016, which was around 33% below the average November 2016 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

8 MELLS CLOSE Sold Prices

Land registry data shows two sales for 8 MELLS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. Both of the two 8 MELLS 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
2016 23 NOV	£350,000	£520,567	33% below HPI
2005 20 JAN	£210,000	£341,396	38% below HPI

8 MELLS CLOSE Price Paid vs. HPI Average

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 two 8 MELLS CLOSE sales from January 2005 and November 2016 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 January 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2016 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 8 MELLS CLOSE be worth now?

8 MELLS CLOSE might now be worth an estimated £477,830.

This is based on house price inflation of 36.5%, between November 2016 and December 2024, for detached houses, in the Bath and North East Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.5% inflationary increase is applied to the most recent sale price for 8 MELLS CLOSE of £350,000 on 23rd November 2016. For the value to have increased from £350,000 to £477,830 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 MELLS CLOSE has moved in line with the HPI for detached houses in the Bath and North East Somerset local authority area.
• The November 2016 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MELLS CLOSE has not materially changed since November 2016.

How Large is 8 MELLS CLOSE?

8 MELLS CLOSE is 78m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses houses in Keynsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Keynsham, and where 8 MELLS CLOSE lies on this distribution: 6% of detached houses houses are smaller than 8 MELLS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Keynsham.

8 MELLS CLOSE: Plot and Title Map

8 MELLS CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 8 MELLS 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 MELLS 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 MELLS CLOSE?

8 MELLS CLOSE is located in KEYNSHAM, in the BS31 postcode district. The below map shows the position of No. 8 on MELLS CLOSE.