2, CRANHAM DRIVE, PATCHWAY, BRISTOL, BS34 6AQ - £268,250

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.

2 CRANHAM DRIVE is a small extended semi-detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £346,971. It was last sold for £268,250 in April 2019, which was around 7% below the average April 2019 semi-detached price in the South Gloucestershire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

2 CRANHAM DRIVE Sold Prices

Land registry data shows four sales for 2 CRANHAM DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Gloucestershire local authority area for the corresponding sale date. The four 2 CRANHAM DRIVE sales were a mix of below the average price, and roughly equal to 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
2019 15 APR	£268,250	£287,416	7% below HPI
2015 27 NOV	£226,000	£241,876	7% below HPI
2006 12 JUN	£174,995	£181,720	4% below HPI
2004 3 SEP	£172,500	£172,291	Close to HPI

2 CRANHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The four 2 CRANHAM DRIVE sales between September 2004 and April 2019 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 November 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2019 sale, which was also at 7% below the HPI.

What might 2 CRANHAM DRIVE be worth now?

2 CRANHAM DRIVE might now be worth an estimated £346,971.

This is based on house price inflation of 29.3%, between April 2019 and April 2026, for semi-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 29.3% inflationary increase is applied to the most recent sale price for 2 CRANHAM DRIVE of £268,250 on 15th April 2019. For the value to have increased from £268,250 to £346,971 over the seven years to April 2026, the following assumptions must hold true:

• The value of 2 CRANHAM DRIVE has moved in line with the HPI for semi-detached houses in the South Gloucestershire local authority area.
• The April 2019 sale price of £268,250 represented a fair market value for the property.
• The size, condition, and specification of 2 CRANHAM DRIVE has not materially changed since April 2019.

How Large is 2 CRANHAM DRIVE?

2 CRANHAM DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of semi-detached houses houses in Patchway, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Patchway, and where 2 CRANHAM DRIVE lies on this distribution: 22% of semi-detached houses houses are smaller than 2 CRANHAM DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Patchway.

2 CRANHAM DRIVE: Plot and Title Map

2 CRANHAM DRIVE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 2 CRANHAM DRIVE, 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 2 CRANHAM DRIVE). 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 2 CRANHAM DRIVE?

2 CRANHAM DRIVE is located in PATCHWAY, in the BS34 postcode district. The below map shows the position of No. 2 on CRANHAM DRIVE.