SNAEFEL, THE DRIVE, CHARFIELD, WOTTON-UNDER-EDGE, GL12 8HX - £400,000

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

SNAEFEL is a very small extended detached house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £415,268. It was last sold for £400,000 in November 2023, which was around 25% below the average November 2023 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

SNAEFEL Sold Prices

Land registry data shows two sales for SNAEFEL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. One of the two SNAEFEL sales was for below the average price, whilst the other was 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
2023 17 NOV	£400,000	£535,648	25% below HPI
2007 31 AUG	£327,500	£321,342	2% above HPI

SNAEFEL 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 two SNAEFEL sales from August 2007 and November 2023 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 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might SNAEFEL be worth now?

SNAEFEL might now be worth an estimated £415,268.

This is based on house price inflation of 3.8%, between November 2023 and December 2024, 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 3.8% inflationary increase is applied to the most recent sale price for SNAEFEL of £400,000 on 17th November 2023. For the value to have increased from £400,000 to £415,268 over the eleven months to December 2024, the following assumptions must hold true:

• The value of SNAEFEL has moved in line with the HPI for detached houses in the South Gloucestershire local authority area.
• The November 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of SNAEFEL has not materially changed since November 2023.

How Large is SNAEFEL?

SNAEFEL is 84m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses houses in Charfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Charfield, and where SNAEFEL lies on this distribution: 9% of detached houses houses are smaller than SNAEFEL, and 90% of houses are larger. Note that EPC data is not available for all properties in Charfield.

SNAEFEL: Plot and Title Map

SNAEFEL sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of SNAEFEL, 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 SNAEFEL). 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 SNAEFEL?

SNAEFEL is located on THE DRIVE in CHARFIELD, in the GL12 postcode district. The below map shows the position of SNAEFEL on THE DRIVE.