THE HIVE, PIPEHOUSE LANE, FRESHFORD, BATH, BA2 7UH - £655,000

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

THE HIVE is a midsized extended detached house of 139m², built sometime between 1967 and 1975. It was last sold for £655,000 in March 2017, which was around 22% above the average March 2017 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

THE HIVE Sold Prices

Land registry data shows two sales for THE HIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. Both of the two THE HIVE 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
2017 8 MAR	£655,000	£536,620	22% above HPI
2000 20 JUN	£295,000	£191,515	54% above HPI

THE HIVE 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 two THE HIVE sales from June 2000 and March 2017 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 June 2000 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2017 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is THE HIVE?

THE HIVE is 139m², which includes three extensions, according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% of detached houses in Freshford, based on EPC data. The below chart shows the distribution of detached houses by size in Freshford, and where THE HIVE lies on this distribution: 40% of detached houses are smaller than THE HIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Freshford.

THE HIVE: Plot and Title Map

THE HIVE sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of THE HIVE, 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 HIVE). 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 HIVE?

THE HIVE is located on PIPEHOUSE LANE in FRESHFORD, in the BA2 postcode district. The below map shows the position of THE HIVE on PIPEHOUSE LANE.