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 THE PADDOCK is a small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £320,000 in June 2021, which was around 27% below the average June 2021 detached price in the North Somerset local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1 THE PADDOCK since 1st 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 THE PADDOCK 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 |
---|---|---|---|
2021 23 JUN | £320,000 | £438,741 | 27% below HPI |
2015 26 OCT | £265,000 | £351,714 | 25% below HPI |
2002 30 SEP | £187,000 | £203,767 | 8% below HPI |
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 THE PADDOCK sales between September 2002 and June 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 October 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
1 THE PADDOCK is 86m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 30% 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 THE PADDOCK lies on this distribution: 25% of detached houses are smaller than 1 THE PADDOCK, and 73% of houses are larger. Note that EPC data is not available for all properties in Banwell.
1 THE PADDOCK sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 1 THE PADDOCK, 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 THE PADDOCK). 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.
1 THE PADDOCK is located in BANWELL, in the BS29 postcode district. The below map shows the position of No. 1 on THE PADDOCK.