LINGWOOD, NORTH DOWN LANE, SHIPHAM, WINSCOMBE, BS25 1SN - £320,000

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

LINGWOOD is a very small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £320,000 in January 2018, which was around 8% below the average January 2018 detached price in the Somerset local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was C.

LINGWOOD Sold Prices

Land registry data shows three sales for LINGWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Two of the three LINGWOOD sales were for below the average price, whilst one was 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
2018 16 JAN	£320,000	£348,563	8% below HPI
2001 2 FEB	£139,000	£137,953	1% above HPI
1996 19 JUL	£83,500	£84,939	2% below HPI

LINGWOOD 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 three LINGWOOD sales between July 1996 and January 2018 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 February 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is LINGWOOD?

LINGWOOD is 88m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% of detached houses in Shipham, based on EPC data. The below chart shows the distribution of detached houses by size in Shipham, and where LINGWOOD lies on this distribution: 13% of detached houses are smaller than LINGWOOD, and 87% of houses are larger. Note that EPC data is not available for all properties in Shipham.

LINGWOOD: Plot and Title Map

LINGWOOD sits on a plot of roughly 0.148 of an acre, or 601m². The below map shows the location of LINGWOOD, 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 LINGWOOD). 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 LINGWOOD?

LINGWOOD is located on NORTH DOWN LANE in SHIPHAM, in the BS25 postcode district. The below map shows the position of LINGWOOD on NORTH DOWN LANE.