7, OBSERVATORY FIELD, WINSCOMBE, BS25 1LL - £410,000

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

7 OBSERVATORY FIELD is a very small extended detached house of 74m², built sometime between 2003 and 2006. It was last sold for £410,000 in August 2024, which was around 21% below the average August 2024 detached price in the North Somerset local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

7 OBSERVATORY FIELD Sold Prices

Land registry data shows two sales for 7 OBSERVATORY FIELD 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 7 OBSERVATORY FIELD 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
2024 9 AUG	£410,000	£519,854	21% below HPI
2002 28 MAR	£160,000	£178,557	10% below HPI

7 OBSERVATORY FIELD 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 7 OBSERVATORY FIELD sales from March 2002 and August 2024 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 March 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2024 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 OBSERVATORY FIELD?

7 OBSERVATORY FIELD is 74m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses in Winscombe, based on EPC data. The below chart shows the distribution of detached houses by size in Winscombe, and where 7 OBSERVATORY FIELD lies on this distribution: 6% of detached houses are smaller than 7 OBSERVATORY FIELD, and 94% of houses are larger. Note that EPC data is not available for all properties in Winscombe.

7 OBSERVATORY FIELD: Plot and Title Map

7 OBSERVATORY FIELD sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 7 OBSERVATORY FIELD, 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 7 OBSERVATORY FIELD). 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 7 OBSERVATORY FIELD?

7 OBSERVATORY FIELD is located in WINSCOMBE, in the BS25 postcode district. The below map shows the position of No. 7 on OBSERVATORY FIELD.