7, CHELSFIELD, BACKWELL, BRISTOL, BS48 3LU - £257,500

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.

7 CHELSFIELD is a very small extended terraced house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £304,514. It was last sold for £257,500 in April 2021, which was around 12% above the average April 2021 terraced price in the North Somerset local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

7 CHELSFIELD Sold Prices

Land registry data shows three sales for 7 CHELSFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Somerset local authority area for the corresponding sale date. All of the three 7 CHELSFIELD 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
2021 16 APR	£257,500	£230,152	12% above HPI
2015 7 JAN	£199,000	£171,502	16% above HPI
2002 31 JAN	£93,000	£79,599	17% above HPI

7 CHELSFIELD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Somerset local authority area over time, sourced from the HPI. The three 7 CHELSFIELD sales between January 2002 and April 2021 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 January 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 7 CHELSFIELD be worth now?

7 CHELSFIELD might now be worth an estimated £304,514.

This is based on house price inflation of 18.3%, between April 2021 and April 2026, for terraced 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 18.3% inflationary increase is applied to the most recent sale price for 7 CHELSFIELD of £257,500 on 16th April 2021. For the value to have increased from £257,500 to £304,514 over the five years to April 2026, the following assumptions must hold true:

• The value of 7 CHELSFIELD has moved in line with the HPI for terraced houses in the North Somerset local authority area.
• The April 2021 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 7 CHELSFIELD has not materially changed since April 2021.

How Large is 7 CHELSFIELD?

7 CHELSFIELD is 78m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of terraced houses houses in Backwell, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Backwell, and where 7 CHELSFIELD lies on this distribution: 5% of terraced houses houses are smaller than 7 CHELSFIELD, and 95% of houses are larger. Note that EPC data is not available for all properties in Backwell.

7 CHELSFIELD: Plot and Title Map

7 CHELSFIELD sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 7 CHELSFIELD, 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 7 CHELSFIELD). 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 7 CHELSFIELD?

7 CHELSFIELD is located in BACKWELL, in the BS48 postcode district. The below map shows the position of No. 7 on CHELSFIELD.