HIGHBANKS, REDMANS HILL, BLACKFORD, WEDMORE, BS28 4NQ - £370,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HIGHBANKS is a very small detached house of 106m², built sometime between 1967 and 1975. It was last sold for £370,000 in January 2020, which was around 2% above the average January 2020 detached price in the Somerset local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

HIGHBANKS Sold Prices

Land registry data shows two sales for HIGHBANKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two HIGHBANKS 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
2020 10 JAN	£370,000	£363,310	2% above HPI
2004 23 AUG	£280,000	£251,719	11% above HPI

HIGHBANKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two HIGHBANKS sales from August 2004 and January 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 August 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2020 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is HIGHBANKS?

HIGHBANKS is 106m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Blackford, based on EPC data. The below chart shows the distribution of detached houses by size in Blackford, and where HIGHBANKS lies on this distribution: 3% of detached houses are smaller than HIGHBANKS, and 97% of houses are larger. Note that EPC data is not available for all properties in Blackford.

HIGHBANKS: Plot and Title Map

HIGHBANKS sits on a plot of roughly 0.193 of an acre, or 779m². The below map shows the location of HIGHBANKS, 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 HIGHBANKS). 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 HIGHBANKS?

HIGHBANKS is located on REDMANS HILL in BLACKFORD, in the BS28 postcode district. The below map shows the position of HIGHBANKS on REDMANS HILL.