4, THE CRESCENT, BACKWELL, BRISTOL, BS48 3NL - £555,000

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.

4 THE CRESCENT is a small extended semi-detached house of 103m², built sometime between 1900 and 1929, which could now be worth an estimated £673,195. It was last sold for £555,000 in February 2021, which was around 98% above the average February 2021 semi-detached price in the North Somerset local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

4 THE CRESCENT Sold Prices

Land registry data shows four sales for 4 THE CRESCENT 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 North Somerset local authority area for the corresponding sale date. All of the four 4 THE CRESCENT 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 18 FEB	£555,000	£280,565	98% above HPI
2015 5 JUN	£330,000	£212,517	55% above HPI
2002 30 OCT	£167,500	£124,412	35% above HPI
1997 18 FEB	£65,000	£59,523	9% above HPI

4 THE CRESCENT 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 four 4 THE CRESCENT sales between February 1997 and February 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 June 2015 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the February 2021 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.

What might 4 THE CRESCENT be worth now?

4 THE CRESCENT might now be worth an estimated £673,195.

This is based on house price inflation of 21.3%, between February 2021 and May 2026, for semi-detached 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 21.3% inflationary increase is applied to the most recent sale price for 4 THE CRESCENT of £555,000 on 18th February 2021. For the value to have increased from £555,000 to £673,195 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 4 THE CRESCENT has moved in line with the HPI for semi-detached houses in the North Somerset local authority area.
• The February 2021 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE CRESCENT has not materially changed since February 2021.

How Large is 4 THE CRESCENT?

4 THE CRESCENT is 103m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of semi-detached houses in Backwell, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Backwell, and where 4 THE CRESCENT lies on this distribution: 37% of semi-detached houses are smaller than 4 THE CRESCENT, and 61% of semi-detached houses are larger. Note that EPC data is not available for all properties in Backwell.

Where is 4 THE CRESCENT?

4 THE CRESCENT is located in BACKWELL, in the BS48 postcode district.