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
NEW PIT HOUSE is a very large detached house of 176m², built sometime between 1991 and 1995. It was last sold for £442,000 in November 2015, which was around 10% below the average November 2015 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for NEW PIT HOUSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. Both of the two NEW PIT HOUSE 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 |
---|---|---|---|
2015 5 NOV | £442,000 | £489,997 | 10% below HPI |
1997 6 JUN | £72,500 | £122,242 | 41% below HPI |
The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The two NEW PIT HOUSE sales from June 1997 and November 2015 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 1997 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2015 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
NEW PIT HOUSE is 176m² according to the EPC inspection conducted in February 2013. This puts it in the largest 10% of detached houses in Paulton, based on EPC data. The below chart shows the distribution of detached houses by size in Paulton, and where NEW PIT HOUSE lies on this distribution: 96% of detached houses are smaller than NEW PIT HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Paulton.
NEW PIT HOUSE sits on a plot of roughly 0.199 of an acre, or 806m². The below map shows the location of NEW PIT 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 NEW PIT 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.
NEW PIT HOUSE is located on NEW PIT in PAULTON, in the BS39 postcode district. The below map shows the position of NEW PIT HOUSE on NEW PIT.