Housing Market Analysis for ELM CLOSE, BA5 1LZ

Are you looking to understand BA5 1LZ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Mendip postcode.

For the location information and nearby amenities in the BA5 1LZ area, explore the BA5 1LZ Area information page.
For comprehensive crime statistics in the BA5 1LZ area, explore the BA5 1LZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BA5 1LZ postcode area, The average prices are as follows,

Detached
- The average price is around £303,242 median price is £277,500 Standard Deviation is £135,295 with Total Sold: 31
- The Last 5 Year average price is £498,333 with Total Sold: 6
- The most recent sale happened at this postcode is 25 ELM CLOSE: £470,000 (Sold on 24 Aug 2022)
- The first recorded sale happened at this postcode is 31 ELM CLOSE: £83,000 (Sold on 31 May 1995)
Semi-Detached
- The average price is around £260,000 median price is £250,000 Standard Deviation is £45,461 with Total Sold: 3
- The most recent sale happened at this postcode is 11 ELM CLOSE: £250,000 (Sold on 06 Aug 2012)
- The first recorded sale happened at this postcode is 18 ELM CLOSE: £210,000 (Sold on 16 Feb 2007)
Terraced
- The average price is around £80,000 median price is £80,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 15 ELM CLOSE: £80,000 (Sold on 10 Jan 1996)
- The first recorded sale happened at this postcode is 15 ELM CLOSE: £80,000 (Sold on 10 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average BA5 1LZ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£491,667	£4,160	3
2023	£625,000	£4,032	1
2021	£445,000	£3,475	2
2019	£280,000	£1,806	1
2018	£472,000	£2,511	1
2016	£311,667	£3,008	3
2015	£375,000	£4,451	2
2014	£285,000	£2,993	1
2013	£276,000	£2,867	2
2012	£200,000	£3,030	1
2009	£213,000	£2,535	2
2008	£362,500		1
2007	£248,750	£2,102	2
2006	£252,500	£1,090	2
2004	£244,250	£2,494	2
2003	£190,000	£1,092	1
2002	£150,000	£1,130	2
1999	£84,000		1
1995	£83,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2012	£250,000	£3,025	1
2007	£265,000		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1996	£80,000		1

All the Sales in the ELM CLOSE, BA5 1LZ

See the table below for more details on the sold house prices in the BA5 1LZ, Mendip postcode.

Address	Sold Date	Price	% Change
25 ELM CLOSEDetached, FreeholdArea: 120 Sq.mtrAge: 1930-1949	24 Aug 2022	£470,000	First Sale
21 ELM CLOSEDetached, FreeholdArea: 155 Sq.mtrAge: 1930-1949	12 Jan 2023	£625,000	123.21%
	13 Mar 2019	£280,000	First Sale
12 ELM CLOSEDetached, FreeholdArea: 101.68 Sq.mtrAge: 1950-1966	08 Jul 2022	£495,000	72.47%
	21 Jun 2013	£287,000	30.45%
	31 Jul 2009	£220,000	First Sale
26 ELM CLOSEDetached, FreeholdArea: 138 Sq.mtrAge: 1930-1949	23 Mar 2022	£510,000	83.78%
	08 Jun 2004	£277,500	First Sale
9 ELM CLOSEDetached, FreeholdArea: 174 Sq.mtrAge: 1950-1966	14 May 2021	£585,000	207.89%
9 ELM CLOSEDetached, FreeholdArea: 174 Sq.mtrAge: 1950-1966	23 Apr 2003	£190,000	First Sale
27 ELM CLOSEDetached, FreeholdArea: 85 Sq.mtrAge: 1930-1949	16 Apr 2021	£305,000	First Sale
30 ELM CLOSEDetached, FreeholdArea: 188 Sq.mtrAge: 1950-1966	31 Oct 2018	£472,000	130.24%
	12 Jun 2006	£205,000	First Sale
4 ELM CLOSEDetached, FreeholdArea: 91 Sq.mtrAge: 1950-1966	22 Sep 2016	£255,000	First Sale
3 ELM CLOSEDetached, Freehold	30 Jun 2016	£410,000	13.10%
	20 Jun 2008	£362,500	64.77%
	26 Jun 2007	£220,000	First Sale
24 ELM CLOSEDetached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	12 Feb 2016	£270,000	First Sale
1 ELM CLOSEDetached, FreeholdArea: 114 Sq.mtrAge: 1950-1966	16 Dec 2015	£315,000	First Sale
29 ELM CLOSEDetached, FreeholdArea: 70.87 Sq.mtrAge: 1930-1949	10 Jul 2015	£435,000	111.17%
	19 Jun 2009	£206,000	-2.37%
	08 Oct 2004	£211,000	First Sale
2 ELM CLOSEDetached, FreeholdArea: 95.21 Sq.mtrAge: 1930-1949	19 Dec 2014	£285,000	First Sale
12A ELM CLOSEDetached, FreeholdArea: 91 Sq.mtrAge: 1930-1949	24 May 2013	£265,000	First Sale
14 ELM CLOSEDetached, FreeholdArea: 66 Sq.mtrAge: 1930-1949	22 Nov 2012	£200,000	First Sale
11 ELM CLOSESemi-Detached, FreeholdArea: 82.64 Sq.mtrAge: 1930-1949	06 Aug 2012	£250,000	First Sale
23 ELM CLOSEDetached, FreeholdArea: 132 Sq.mtrAge: 1930-1949	05 Oct 2007	£277,500	First Sale
18 ELM CLOSESemi-Detached, Freehold	20 Sep 2007	£320,000	52.38%
18 ELM CLOSESemi-Detached, Freehold	16 Feb 2007	£210,000	First Sale
8 ELM CLOSEDetached, Freehold	13 Sep 2006	£300,000	122.22%
	10 Oct 2002	£135,000	60.71%
	26 Aug 1999	£84,000	First Sale
10 ELM CLOSEDetached, FreeholdArea: 146 Sq.mtrAge: 1930-1949	27 Sep 2002	£165,000	First Sale
15 ELM CLOSETerraced, Freehold	10 Jan 1996	£80,000	First Sale
31 ELM CLOSEDetached, Freehold	31 May 1995	£83,000	First Sale

Check out the sold house prices near the BA5 1LZ postcode. Properties currently for saleProperties currently for rent

ELM CLOSE, BA5 1LZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BA5 1LZ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the BA5 1LZ postcode.

Terraced
- The average price is around £134,643 median price is £140,000 Standard Deviation is £74,500 with Total Sold: 189
- The Last 5 Year average price is £244,982 with Total Sold: 29
- The most recent sale happened at this postcode is , 94 BURCOTT ROAD: £269,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 2A PARSONS WAY: £42,000 (Sold on 10 Feb 1995)
Semi-Detached
- The average price is around £177,552 median price is £179,950 Standard Deviation is £91,362 with Total Sold: 139
- The Last 5 Year average price is £275,728 with Total Sold: 35
- The most recent sale happened at this postcode is , 25 EBBOR GORGE ROAD: £340,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 18 WHEELER GROVE: £64,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £254,450 median price is £245,000 Standard Deviation is £146,787 with Total Sold: 202
- The Last 5 Year average price is £455,370 with Total Sold: 48
- The most recent sale happened at this postcode is , 11 WHEELER GROVE: £425,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 18 CAMPKIN ROAD: £98,055 (Sold on 24 Mar 1995)
Flat
- The average price is around £86,861 median price is £87,000 Standard Deviation is £31,439 with Total Sold: 27
- The Last 5 Year average price is £129,083 with Total Sold: 6
- The most recent sale happened at this postcode is FLAT 9, WELSH COURT CHARTER WAY: £135,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 24, WELSH COURT CHARTER WAY: £34,000 (Sold on 08 Dec 1995)
Other
- The average price is around £366,550 median price is £227,000 Standard Deviation is £271,894 with Total Sold: 4
- The Last 5 Year average price is £366,550 with Total Sold: 4
- The most recent sale happened at this postcode is , 28 SEREL DRIVE: £254,000 (Sold on 22 Mar 2024)
- The first recorded sale happened at this postcode is , 10 SHEPPEY WAY: £177,198 (Sold on 04 Feb 2021)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£269,500		2
2023	£243,500	£3,521	4
2022	£252,346	£3,626	13
2021	£249,142	£2,749	7
2020	£189,000	£2,623	3
2019	£194,167	£2,490	6
2018	£230,500	£2,474	4
2017	£197,333	£2,758	3
2016	£185,200	£2,300	5
2015	£183,021	£2,367	7
2014	£157,643	£2,516	7
2013	£158,500	£2,163	5
2012	£128,333	£1,495	3
2011	£146,000	£2,118	3
2010	£146,862	£2,019	4
2008	£199,000	£3,365	2
2007	£166,938	£2,290	8
2006	£155,250	£2,161	6
2005	£173,000	£2,370	3
2004	£146,393	£1,937	7
2003	£124,355	£1,685	11
2002	£84,812	£1,358	8
2001	£72,833	£1,449	3
2000	£64,273	£887	13
1999	£57,125	£772	10
1998	£59,100	£827	5
1997	£55,938	£784	8
1996	£55,250	£831	11
1995	£51,070	£782	18

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£291,200		5
2023	£253,273	£3,243	11
2022	£270,000	£4,531	3
2021	£294,699	£3,822	15
2020	£178,000	£2,825	1
2019	£250,000	£3,333	1
2018	£315,000	£4,257	1
2017	£237,750	£3,149	2
2016	£223,667	£3,143	6
2015	£225,750	£2,845	4
2014	£221,250	£2,920	2
2013	£219,500	£2,533	3
2012	£200,250	£2,987	4
2011	£162,083	£2,562	6
2010	£186,983	£2,587	3
2009	£206,750		2
2007	£230,125	£2,435	4
2006	£210,180	£2,509	5
2005	£190,000	£2,001	2
2004	£174,707	£2,178	7
2003	£163,000	£1,879	4
2002	£116,640	£1,641	5
2001	£97,000	£1,072	6
2000	£92,500	£1,276	3
1999	£78,874	£1,058	6
1998	£71,700	£937	5
1997	£67,500	£875	2
1996	£60,568	£832	12
1995	£59,137	£989	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£451,600	£4,404	5
2023	£506,611	£3,928	9
2022	£457,450	£3,760	14
2021	£441,388	£3,542	18
2020	£345,500	£3,441	2
2019	£280,000	£1,806	1
2018	£373,300	£3,189	5
2017	£350,000	£2,791	4
2016	£309,083	£2,854	6
2015	£299,658	£3,358	6
2014	£282,083	£2,609	6
2013	£275,250	£2,760	6
2012	£242,500	£2,642	2
2011	£223,750	£2,486	2
2010	£275,000	£1,590	1
2009	£219,375	£2,270	8
2008	£362,500		1
2007	£261,750	£2,101	6
2006	£245,818	£1,918	11
2005	£265,375	£2,175	4
2004	£220,125	£2,394	4
2003	£181,125	£1,438	4
2002	£171,322	£1,624	9
2001	£145,306	£1,244	9
2000	£119,914	£1,331	7
1999	£107,211	£1,058	9
1998	£106,921	£947	7
1997	£108,515	£868	6
1996	£94,169	£877	12
1995	£86,041	£972	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£135,000		1
2022	£136,000	£2,894	1
2021	£129,000	£2,692	2
2020	£122,750	£2,590	2
2016	£107,000	£2,229	1
2015	£91,500	£1,948	2
2014	£99,950	£2,082	1
2013	£87,000	£1,824	1
2008	£105,500	£2,198	1
2006	£102,467	£2,150	3
2003	£79,000	£1,664	3
2002	£62,225	£1,331	2
2001	£53,983	£1,149	3
2000	£48,000	£1,006	1
1999	£43,000	£935	1
1998	£32,500	£681	1
1995	£34,000	£708	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£227,000	£3,122	2
2021	£506,099	£3,224	2

House Type in BA5 1LZ area

The most common house types in the BA5 1LZ postcode area are Detached (61), Terraced (33), and Semi-detached (16).

Total	114
Detached	61
Terraced	33
Semi-detached	16
temporary structure	4
Flat	0
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (65), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright	65
Owned: Owns with a mortgage or loan	30
Private rented: Private landlord or letting agency	12
Private rented: Other private rented	4
Shared ownership: Shared ownership	3
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the BA5 1LZ have 2 people in household (51), and 1 person in household (27).

2 people in household	51
1 person in household	27
3 people in household	21
4 people in household	11
5 people in household	3
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0