2, BACK LANE, WICKWAR, WOTTON-UNDER-EDGE, GL12 8NN - £240,000

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.

2 BACK LANE is a small extended flat of 61m², built sometime before 1900, which could now be worth an estimated £253,420. It was last sold for £240,000 in September 2021, which was around 43% above the average September 2021 flat price in the South Gloucestershire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

2 BACK LANE Sold Prices

Land registry data shows six sales for 2 BACK LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the South Gloucestershire local authority area for the corresponding sale date. All of the six 2 BACK LANE 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 30 SEP	£240,000	£167,463	43% above HPI
2016 8 JUL	£193,000	£144,705	33% above HPI
2015 2 OCT	£165,000	£132,551	24% above HPI
2009 16 JAN	£135,000	£105,153	28% above HPI
2000 8 DEC	£110,000	£56,479	95% above HPI
1997 7 MAR	£49,000	£35,412	38% above HPI

What might 2 BACK LANE be worth now?

2 BACK LANE might now be worth an estimated £253,420.

This is based on house price inflation of 5.6%, between September 2021 and April 2026, for flats, 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 5.6% inflationary increase is applied to the most recent sale price for 2 BACK LANE of £240,000 on 30th September 2021. For the value to have increased from £240,000 to £253,420 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 2 BACK LANE has moved in line with the HPI for flats in the South Gloucestershire local authority area.
• The September 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BACK LANE has not materially changed since September 2021.

How Large is 2 BACK LANE?

2 BACK LANE is 61m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of flats in Wickwar, based on EPC data. 25% of flats are smaller than 2 BACK LANE, and 75% of flats are larger. Note that EPC data is not available for all properties in Wickwar.

2 BACK LANE: Plot

2 BACK LANE sits on a plot of roughly 0.021 of an acre, or 85m².

Where is 2 BACK LANE?

2 BACK LANE is located in WICKWAR, in the GL12 postcode district.