2, MARJORAM WAY, PORTISHEAD, BRISTOL, BS20 7JF - £360,000

2 MARJORAM WAY is a large detached house of 140m², built sometime between 2003 and 2006. It was last sold for £360,000 in October 2018, which was around 14% below the average October 2018 detached price in the North Somerset local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

2 MARJORAM WAY Sold Prices

Land registry data shows three sales for 2 MARJORAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. Two of the three 2 MARJORAM WAY sales were for below the average price, whilst one was 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 5 OCT	£360,000	£416,467	14% below HPI
2014 20 FEB	£316,000	£307,760	3% above HPI
2005 17 JUN	£250,000	£257,278	3% below HPI

2 MARJORAM WAY 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 three 2 MARJORAM WAY sales between June 2005 and October 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 February 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 MARJORAM WAY?

2 MARJORAM WAY is 140m² according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses in Portishead, based on EPC data. The below chart shows the distribution of detached houses by size in Portishead, and where 2 MARJORAM WAY lies on this distribution: 73% of detached houses are smaller than 2 MARJORAM WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Portishead.

2 MARJORAM WAY: Plot and Title Map

2 MARJORAM WAY sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 2 MARJORAM WAY, 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 MARJORAM WAY). 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 MARJORAM WAY?

2 MARJORAM WAY is located in PORTISHEAD, in the BS20 postcode district. The below map shows the position of No. 2 on MARJORAM WAY.