CHIPPINGS, WOLFRIDGE RIDE, ALVESTON, BRISTOL, BS35 3RA - £385,000

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.

CHIPPINGS is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £403,047. It was last sold for £385,000 in August 2022, which was around 28% below the average August 2022 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was B.

CHIPPINGS Sold Prices

Land registry data shows three sales for CHIPPINGS 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. All of the three CHIPPINGS 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
2022 22 AUG	£385,000	£538,107	28% below HPI
2016 18 OCT	£281,000	£403,766	30% below HPI
2004 9 MAR	£213,500	£247,853	14% below HPI

CHIPPINGS 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 CHIPPINGS sales between March 2004 and August 2022 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 October 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might CHIPPINGS be worth now?

CHIPPINGS might now be worth an estimated £403,047.

This is based on house price inflation of 4.7%, between August 2022 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 4.7% inflationary increase is applied to the most recent sale price for CHIPPINGS of £385,000 on 22nd August 2022. For the value to have increased from £385,000 to £403,047 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of CHIPPINGS has moved in line with the HPI for detached houses in the South Gloucestershire local authority area.
• The August 2022 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of CHIPPINGS has not materially changed since August 2022.

How Large is CHIPPINGS?

CHIPPINGS is 73m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses houses in Alveston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alveston, and where CHIPPINGS lies on this distribution: 4% of detached houses houses are smaller than CHIPPINGS, and 96% of houses are larger. Note that EPC data is not available for all properties in Alveston.

CHIPPINGS: Plot and Title Map

CHIPPINGS sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of CHIPPINGS, 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 CHIPPINGS). 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 CHIPPINGS?

CHIPPINGS is located on WOLFRIDGE RIDE in ALVESTON, in the BS35 postcode district. The below map shows the position of CHIPPINGS on WOLFRIDGE RIDE.