PROSPECT HOUSE, MAIN ROAD, TEMPLE CLOUD, BRISTOL, BS39 5DQ - £420,000

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

PROSPECT HOUSE is a midsized detached house of 136m², built sometime before 1900. It was last sold for £420,000 in June 2021, which was around 30% below the average June 2021 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was A.

PROSPECT HOUSE Sold Prices

Land registry data shows six sales for PROSPECT HOUSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the six PROSPECT HOUSE 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
2021 25 JUN	£420,000	£604,233	30% below HPI
2018 26 OCT	£412,500	£564,546	27% below HPI
2017 31 OCT	£379,712	£553,564	31% below HPI
2015 4 DEC	£320,000	£479,240	33% below HPI
2004 9 JAN	£249,950	£303,123	18% below HPI
1996 18 OCT	£59,500	£116,323	49% below HPI

PROSPECT HOUSE 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 six PROSPECT HOUSE sales between October 1996 and June 2021 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 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is PROSPECT HOUSE?

PROSPECT HOUSE is 136m² according to the EPC inspection conducted in August 2023. This puts it in the largest 50% of detached houses in Temple Cloud, based on EPC data. The below chart shows the distribution of detached houses by size in Temple Cloud, and where PROSPECT HOUSE lies on this distribution: 55% of detached houses are smaller than PROSPECT HOUSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Temple Cloud.

PROSPECT HOUSE: Plot and Title Map

PROSPECT HOUSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of PROSPECT HOUSE, 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 PROSPECT HOUSE). 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 PROSPECT HOUSE?

PROSPECT HOUSE is located on MAIN ROAD in TEMPLE CLOUD, in the BS39 postcode district. The below map shows the position of PROSPECT HOUSE on MAIN ROAD.