THE OAKS, RANCHWAY, PORTISHEAD, BRISTOL, BS20 8DQ - £499,950

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 OAKS is a very large extended detached house of 200m², built sometime from 2007 onwards. It was last sold for £499,950 in August 2007, which was around 65% above the average August 2007 detached price in the North Somerset local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

THE OAKS Sold Prices

Land registry data shows two sales for THE OAKS 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. One of the two THE OAKS sales was for above the average price, whilst the other was 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
2007 23 AUG	£499,950	£303,178	65% above HPI
2007 5 APR	£199,500	£291,800	32% below HPI

THE OAKS 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 OAKS sales from April 2007 and August 2007 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 April 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2007 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is THE OAKS?

THE OAKS is 200m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 10% of detached houses in Portishead, based on EPC data. The below chart shows the distribution of detached houses by size in Portishead, and where THE OAKS lies on this distribution: 94% of detached houses are smaller than THE OAKS, and 6% of houses are larger. Note that EPC data is not available for all properties in Portishead.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.211 of an acre, or 854m². The below map shows the location of THE OAKS, 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 OAKS). 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 OAKS?

THE OAKS is located on RANCHWAY in PORTISHEAD, in the BS20 postcode district. The below map shows the position of THE OAKS on RANCHWAY.