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 THE PADDOCK is a large extended detached house of 141m², built sometime between 1967 and 1975. It was last sold for £370,000 in September 2015, which was around 6% above the average September 2015 detached price in the North Somerset local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 7 THE PADDOCK 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 7 THE PADDOCK sales were for above 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 |
---|---|---|---|
2015 8 SEP | £370,000 | £348,617 | 6% above HPI |
1998 26 JAN | £122,000 | £106,146 | 15% above 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 7 THE PADDOCK sales from January 1998 and September 2015 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 January 1998 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2015 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
7 THE PADDOCK is 141m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 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 7 THE PADDOCK lies on this distribution: 75% of detached houses are smaller than 7 THE PADDOCK, and 25% of houses are larger. Note that EPC data is not available for all properties in Banwell.
7 THE PADDOCK sits on a plot of roughly 0.250 of an acre, or 1,013m². The below map shows the location of 7 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 7 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.
7 THE PADDOCK is located in BANWELL, in the BS29 postcode district. The below map shows the position of No. 7 on THE PADDOCK.