IVY COTTAGE, PARSONS WAY, WINSCOMBE, BS25 1BT - £393,000

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

IVY COTTAGE is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £393,000 in May 2023, which was around 22% below the average May 2023 detached price in the North Somerset local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was A.

IVY COTTAGE Sold Prices

Land registry data shows three sales for IVY COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. All of the three IVY COTTAGE 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
2023 4 MAY	£393,000	£505,849	22% below HPI
2015 14 DEC	£300,000	£353,073	15% below HPI
1997 11 AUG	£60,000	£101,915	41% below HPI

IVY COTTAGE 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 three IVY COTTAGE sales between August 1997 and May 2023 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 December 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is IVY COTTAGE?

IVY COTTAGE is 75m², which includes two extensions, according to the EPC inspection conducted in June 2022. 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 IVY COTTAGE lies on this distribution: 6% of detached houses are smaller than IVY COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Winscombe.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of IVY COTTAGE, 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 IVY COTTAGE). 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 IVY COTTAGE?

IVY COTTAGE is located on PARSONS WAY in WINSCOMBE, in the BS25 postcode district. The below map shows the position of IVY COTTAGE on PARSONS WAY.