Feb 07, 2023 by HM

House prices in Limpley Stoke (BA2 7)

This article reveals price per square metre data and various charts to help you understand current housing market in Limpley Stoke (BA2 7).


Price per square metre

Knowing the average house price in Limpley Stoke is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. Palmitos, 41, Flatwoods Road, Limpley Stoke, Bath, sold for £785,000 on Sep-2023. Given the internal area of 106 square metres, the price per sqm is £7,405.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £5,150-£5,500, £5,500-£5,850, £5,850-£6,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 127 sales in Limpley Stoke (BA2 7) that took place in the last two years.

Distribution of £ per sqm for Limpley Stoke (BA2 7)
Distribution of £ per sqm house prices in Limpley Stoke

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Limpley Stoke (BA2 7). Of the 127 transactions, half were sold for between £4,310 and £6,290 per square metre. Notably, only 25% of properties that sold recently were valued at more than £6,290m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BA2 7' is £5,220. The table below shows how 'BA2 7' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BA2 5 Combe Down £4,210m2 £4,950m2 £5,820m2
BA2 9 Corston £4,040m2 £5,000m2 £5,720m2
BA2 0 Timsbury £3,240m2 £3,780m2 £4,370m2
BA2 1 Twerton £3,570m2 £4,060m2 £4,570m2
BA2 3 Oldfield Park £4,100m2 £4,690m2 £5,250m2
BA2 6 Bathampton £4,750m2 £5,880m2 £7,030m2
BA2 8 Peasedown St John £3,190m2 £3,660m2 £4,230m2
BA2 2 Odd Down £3,720m2 £4,140m2 £4,640m2
BA2 4 Bathwick £4,710m2 £5,430m2 £6,760m2
BA2 7 Limpley Stoke £4,310m2 £5,220m2 £6,290m2

Will Limpley Stoke house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for BA2 7 (Limpley Stoke). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BA2 7 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Limpley Stoke (BA2 7) over time
House price trends for Limpley Stoke

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Limpley Stoke and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Limpley Stoke data or any other data I am given.

Price map for Limpley Stoke

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Limpley Stoke. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

Property price heatmap for Limpley Stoke
House price heatmap for Limpley Stoke

Street level data

Street Avg size Avg £/m2 Recent sales
Avonpark, Limpley Stoke, BA2 7J 94m2 £3,807 10
Fortescue Street, Limpley Stoke, BA2 7P 150m2 £4,164 10
Bath Road, Limpley Stoke, BA2 7L 134m2 £4,555 9
Woodland Grove, Limpley Stoke, BA2 7A 164m2 £5,360 9
Flatwoods Road, Limpley Stoke, BA2 7A 160m2 £5,698 7
The Avenue, Limpley Stoke, BA2 7A 140m2 £5,531 7
Shaft Road, Limpley Stoke, BA2 7H 191m2 £6,429 7
Sharpstone, Limpley Stoke, BA2 7U 189m2 £6,697 6

Search for your street here.

Raw data

Our analysis of Limpley Stoke is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid m2 £/m2
Palmitos, 41, Flatwoods Rd, Limpley Stoke, Bath £785,000
Sep-2023
106 7,405
9, Upper Mount Pleasant, Limpley Stoke, Bath £517,000
Sep-2023
82 6,304
10, Chatley Furlong, Limpley Stoke, Bath £540,000
Aug-2023
128 4,218

See the entire list of all sales in Limpley Stoke (BA2 7) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.