CROSSLANDS, LODGE LANE, NAILSEA, BRISTOL, BS48 2BB - £540,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

CROSSLANDS is a large extended detached house of 153m², built sometime between 1950 and 1966. It was last sold for £540,000 in May 2024, which was around 7% above the average May 2024 detached price in the North Somerset local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

CROSSLANDS Sold Prices

Land registry data shows five sales for CROSSLANDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. All of the five CROSSLANDS 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 14 MAY	£540,000	£505,501	7% above HPI
2016 25 NOV	£470,000	£378,653	24% above HPI
2010 18 JUN	£322,000	£280,972	15% above HPI
2003 8 AUG	£244,000	£229,167	6% above HPI
2002 7 AUG	£198,950	£196,450	1% above HPI

CROSSLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Somerset local authority area over time, sourced from the HPI. The five CROSSLANDS sales between August 2002 and May 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 November 2016 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2024 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is CROSSLANDS?

CROSSLANDS is 153m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 30% of detached houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsea, and where CROSSLANDS lies on this distribution: 79% of detached houses are smaller than CROSSLANDS, and 20% of houses are larger. Note that EPC data is not available for all properties in Nailsea.

CROSSLANDS: Plot and Title Map

CROSSLANDS sits on a plot of roughly 0.196 of an acre, or 792m². The below map shows the location of CROSSLANDS, 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 CROSSLANDS). 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 CROSSLANDS?

CROSSLANDS is located on LODGE LANE in NAILSEA, in the BS48 postcode district. The below map shows the position of CROSSLANDS on LODGE LANE.