3, HILL PATH, BANWELL, BS29 6AB - £187,000

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.

3 HILL PATH is a very small detached house of 57m², built sometime before 1900, which could now be worth an estimated £220,096. It was last sold for £187,000 in February 2021, which was around 58% below the average February 2021 detached price in the North Somerset local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

3 HILL PATH Sold Prices

Land registry data shows two sales for 3 HILL PATH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. Both of the two 3 HILL PATH 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 18 FEB	£187,000	£449,476	58% below HPI
2012 14 DEC	£112,500	£298,329	62% below HPI

3 HILL PATH 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 two 3 HILL PATH sales from December 2012 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 December 2012 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the February 2021 sale, where it rises to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 3 HILL PATH be worth now?

3 HILL PATH might now be worth an estimated £220,096.

This is based on house price inflation of 17.7%, between February 2021 and February 2025, for 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 17.7% inflationary increase is applied to the most recent sale price for 3 HILL PATH of £187,000 on 18th February 2021. For the value to have increased from £187,000 to £220,096 over the four years to February 2025, the following assumptions must hold true:

• The value of 3 HILL PATH has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The February 2021 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HILL PATH has not materially changed since February 2021.

How Large is 3 HILL PATH?

3 HILL PATH is 57m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses houses in Banwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banwell, and where 3 HILL PATH lies on this distribution: Less than 1% of detached houses houses are smaller than 3 HILL PATH, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Banwell.

3 HILL PATH: Plot and Title Map

3 HILL PATH sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 3 HILL PATH, 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 3 HILL PATH). 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 3 HILL PATH?

3 HILL PATH is located in BANWELL, in the BS29 postcode district. The below map shows the position of No. 3 on HILL PATH.