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
6 HOMESTEAD WAY is a large extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £395,000 in May 2020, which was around 3% below the average May 2020 detached price in the North Somerset local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 6 HOMESTEAD WAY since 1st 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 6 HOMESTEAD WAY 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 |
---|---|---|---|
2020 29 MAY | £395,000 | £408,628 | 3% below HPI |
2014 18 SEP | £292,000 | £323,279 | 10% 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 two 6 HOMESTEAD WAY sales from September 2014 and May 2020 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 September 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.
6 HOMESTEAD WAY is 148m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses in Winscombe, based on EPC data. The below chart shows the distribution of detached houses by size in Winscombe, and where 6 HOMESTEAD WAY lies on this distribution: 68% of detached houses are smaller than 6 HOMESTEAD WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Winscombe.
6 HOMESTEAD WAY sits on a plot of roughly 0.144 of an acre, or 585m². The below map shows the location of 6 HOMESTEAD WAY, 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 6 HOMESTEAD WAY). 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.
6 HOMESTEAD WAY is located in WINSCOMBE, in the BS25 postcode district. The below map shows the position of No. 6 on HOMESTEAD WAY.