Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 WOODLAND WAY is a very small extended detached house of 109m², built sometime between 1976 and 1982. It was last sold for £675,000 in August 2024, which was around 30% above the average August 2024 detached price in the North Somerset local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 8 WOODLAND WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. All of the four 8 WOODLAND WAY 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 |
---|---|---|---|
2024 21 AUG | £675,000 | £519,854 | 30% above HPI |
2009 12 AUG | £350,000 | £267,443 | 31% above HPI |
2001 16 AUG | £185,000 | £166,976 | 11% above HPI |
1999 22 JAN | £145,000 | £115,005 | 26% above HPI |
The below graph shows the average detached house price in the North Somerset local authority area over time, sourced from the HPI. The four 8 WOODLAND WAY sales between January 1999 and August 2024 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 August 2009 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2024 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.
8 WOODLAND WAY is 109m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses in Failand, based on EPC data. The below chart shows the distribution of detached houses by size in Failand, and where 8 WOODLAND WAY lies on this distribution: 14% of detached houses are smaller than 8 WOODLAND WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Failand.
8 WOODLAND WAY sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 8 WOODLAND WAY, 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 WOODLAND WAY). 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.
8 WOODLAND WAY is located in FAILAND, in the BS8 postcode district. The below map shows the position of No. 8 on WOODLAND WAY.