3, MAY TREE CLOSE, NAILSEA, BRISTOL, BS48 2XT - £275,000

3 MAY TREE CLOSE is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £275,000 in October 2014, which was around 15% below the average October 2014 detached price in the North Somerset local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

3 MAY TREE CLOSE Sold Prices

Land registry data shows two sales for 3 MAY TREE 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 3 MAY TREE CLOSE sales were 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
2014 10 OCT	£275,000	£324,736	15% below HPI
1995 28 NOV	£77,000	£88,107	13% below HPI

3 MAY TREE 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 3 MAY TREE CLOSE sales from November 1995 and October 2014 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 1995 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 MAY TREE CLOSE?

3 MAY TREE CLOSE is 79m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Nailsea, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsea, and where 3 MAY TREE CLOSE lies on this distribution: 9% of detached houses are smaller than 3 MAY TREE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Nailsea.

3 MAY TREE CLOSE: Plot and Title Map

3 MAY TREE CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 3 MAY TREE 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 3 MAY TREE 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 3 MAY TREE CLOSE?

3 MAY TREE CLOSE is located in NAILSEA, in the BS48 postcode district. The below map shows the position of No. 3 on MAY TREE CLOSE.