MENDIP HOUSE, NORTH DOWN LANE, SHIPHAM, WINSCOMBE, BS25 1SL - £495,000

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

MENDIP HOUSE is a large extended detached house of 164m², built sometime between 1967 and 1975. It was last sold for £495,000 in May 2021, which was around 29% above the average May 2021 detached price in the Somerset local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

MENDIP HOUSE Sold Prices

Land registry data shows four sales for MENDIP HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Most of the four MENDIP HOUSE 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
2021 21 MAY	£495,000	£383,461	29% above HPI
2001 22 JUN	£196,000	£148,331	32% above HPI
2000 5 MAY	£60,000	£131,307	54% below HPI
1999 27 APR	£152,000	£107,019	42% above HPI

MENDIP HOUSE 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 four MENDIP HOUSE sales between April 1999 and May 2021 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 2001 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the May 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is MENDIP HOUSE?

MENDIP HOUSE is 164m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses in Shipham, based on EPC data. The below chart shows the distribution of detached houses by size in Shipham, and where MENDIP HOUSE lies on this distribution: 70% of detached houses are smaller than MENDIP HOUSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Shipham.

MENDIP HOUSE: Plot and Title Map

MENDIP HOUSE sits on a plot of roughly 0.217 of an acre, or 879m². The below map shows the location of MENDIP HOUSE, 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 MENDIP HOUSE). 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 MENDIP HOUSE?

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