THE CHESTNUTS, WEST END LANE, NAILSEA, BRISTOL, BS48 4DB - £1,247,000

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.

THE CHESTNUTS is a very large extended detached house of 304m², built sometime before 1900, which could now be worth an estimated £1,455,896. It was last sold for £1,247,000 in June 2021, which was around 175% above the average June 2021 detached price in the North Somerset local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

THE CHESTNUTS Sold Prices

Land registry data shows two sales for THE CHESTNUTS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. Both of the two THE CHESTNUTS 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
2021 29 JUN	£1,247,000	£453,119	175% above HPI
2005 11 AUG	£615,000	£271,432	127% above HPI

THE CHESTNUTS 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 two THE CHESTNUTS sales from August 2005 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 August 2005 sale was for 127% above the HPI. So the extrapolation line tracks at 127% above the HPI over time, until the June 2021 sale, where it rises to 175% above the HPI. The line then continues to track at 175% above the HPI.

What might THE CHESTNUTS be worth now?

THE CHESTNUTS might now be worth an estimated £1,455,896.

This is based on house price inflation of 16.8%, between June 2021 and February 2025, for detached houses, in the North Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.8% inflationary increase is applied to the most recent sale price for THE CHESTNUTS of £1,247,000 on 29th June 2021. For the value to have increased from £1,247,000 to £1,455,896 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of THE CHESTNUTS has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The June 2021 sale price of £1,247,000 represented a fair market value for the property.
• The size, condition, and specification of THE CHESTNUTS has not materially changed since June 2021.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 304m², which includes four extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 10% of detached houses houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nailsea, and where THE CHESTNUTS lies on this distribution: More than 99% of detached houses houses are smaller than THE CHESTNUTS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Nailsea.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 0.618 of an acre, or 2,499m². The below map shows the location of THE CHESTNUTS, 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 THE CHESTNUTS). 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 THE CHESTNUTS?

THE CHESTNUTS is located on WEST END LANE in NAILSEA, in the BS48 postcode district. The below map shows the position of THE CHESTNUTS on WEST END LANE.