15, MEADOW CLOSE, BACKWELL, BRISTOL, BS48 3NN - £1,040,000

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.

15 MEADOW CLOSE is a very large extended detached house of 233m², built sometime before 1900, which could now be worth an estimated £1,334,934. It was last sold for £1,040,000 in August 2018, which was around 147% above the average August 2018 detached price in the North Somerset local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

15 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 15 MEADOW CLOSE 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 15 MEADOW CLOSE 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
2018 31 AUG	£1,040,000	£420,391	147% above HPI
2012 31 AUG	£652,000	£295,289	121% above HPI

15 MEADOW CLOSE 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 15 MEADOW CLOSE sales from August 2012 and August 2018 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 2012 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the August 2018 sale, where it rises to 147% above the HPI. The line then continues to track at 147% above the HPI.

What might 15 MEADOW CLOSE be worth now?

15 MEADOW CLOSE might now be worth an estimated £1,334,934.

This is based on house price inflation of 28.4%, between August 2018 and April 2026, 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 28.4% inflationary increase is applied to the most recent sale price for 15 MEADOW CLOSE of £1,040,000 on 31st August 2018. For the value to have increased from £1,040,000 to £1,334,934 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 15 MEADOW CLOSE has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The August 2018 sale price of £1,040,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MEADOW CLOSE has not materially changed since August 2018.

How Large is 15 MEADOW CLOSE?

15 MEADOW CLOSE is 233m², which includes three extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 10% of detached houses houses in Backwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Backwell, and where 15 MEADOW CLOSE lies on this distribution: 94% of detached houses houses are smaller than 15 MEADOW CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Backwell.

15 MEADOW CLOSE: Plot and Title Map

15 MEADOW CLOSE sits on a plot of roughly 0.467 of an acre, or 1,889m². The below map shows the location of 15 MEADOW CLOSE, 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 15 MEADOW CLOSE). 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 15 MEADOW CLOSE?

15 MEADOW CLOSE is located in BACKWELL, in the BS48 postcode district. The below map shows the position of No. 15 on MEADOW CLOSE.