ABBEY TOWERS, EAST STREET, BANWELL, BS29 6BW - £490,000

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.

ABBEY TOWERS is a very large extended detached house of 281m², built sometime before 1900, which could now be worth an estimated £884,716. It was last sold for £490,000 in October 2012, which was around 67% above the average October 2012 detached price in the North Somerset local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was E.

ABBEY TOWERS Sold Prices

Land registry data shows two sales for ABBEY TOWERS 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 ABBEY TOWERS 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
2012 19 OCT	£490,000	£294,074	67% above HPI
1995 29 JUN	£207,000	£91,604	126% above HPI

ABBEY TOWERS 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 ABBEY TOWERS sales from June 1995 and October 2012 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 June 1995 sale was for 126% above the HPI. So the extrapolation line tracks at 126% above the HPI over time, until the October 2012 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might ABBEY TOWERS be worth now?

ABBEY TOWERS might now be worth an estimated £884,716.

This is based on house price inflation of 80.6%, between October 2012 and March 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 80.6% inflationary increase is applied to the most recent sale price for ABBEY TOWERS of £490,000 on 19th October 2012. For the value to have increased from £490,000 to £884,716 over the thirteen years and seven months to March 2025, the following assumptions must hold true:

• The value of ABBEY TOWERS has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The October 2012 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of ABBEY TOWERS has not materially changed since October 2012.

How Large is ABBEY TOWERS?

ABBEY TOWERS is 281m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 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 ABBEY TOWERS lies on this distribution: More than 99% of detached houses houses are smaller than ABBEY TOWERS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Banwell.

ABBEY TOWERS: Plot and Title Map

ABBEY TOWERS sits on a plot of roughly 0.555 of an acre, or 2,244m². The below map shows the location of ABBEY TOWERS, 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 ABBEY TOWERS). 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 ABBEY TOWERS?

ABBEY TOWERS is located on EAST STREET in BANWELL, in the BS29 postcode district. The below map shows the position of ABBEY TOWERS on EAST STREET.