1, ORCHARD CLOSE, BANWELL, BS29 6DF - £215,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 ORCHARD CLOSE is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £215,000 in May 2017, which was around 44% below the average May 2017 detached price in the North Somerset local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was B.

1 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 1 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. All of the three 1 ORCHARD CLOSE sales were for below 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
2017 11 MAY	£215,000	£383,770	44% below HPI
1998 5 NOV	£73,000	£112,676	35% below HPI
1997 31 JUL	£68,950	£99,927	31% below HPI

1 ORCHARD CLOSE 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 three 1 ORCHARD CLOSE sales between July 1997 and May 2017 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 November 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2017 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 1 ORCHARD CLOSE?

1 ORCHARD CLOSE is 64m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Banwell, based on EPC data. The below chart shows the distribution of detached houses by size in Banwell, and where 1 ORCHARD CLOSE lies on this distribution: 4% of detached houses are smaller than 1 ORCHARD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Banwell.

1 ORCHARD CLOSE: Plot and Title Map

1 ORCHARD CLOSE sits on a plot of roughly 0.146 of an acre, or 589m². The below map shows the location of 1 ORCHARD CLOSE, 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 1 ORCHARD CLOSE). 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 1 ORCHARD CLOSE?

1 ORCHARD CLOSE is located in BANWELL, in the BS29 postcode district. The below map shows the position of No. 1 on ORCHARD CLOSE.