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
NEWLANDS CORNER is a midsized extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £365,000 in July 2017, which was around 31% below the average July 2017 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows five sales for NEWLANDS CORNER since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the five NEWLANDS CORNER 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 |
---|---|---|---|
2017 27 JUL | £365,000 | £526,357 | 31% below HPI |
2014 11 APR | £290,000 | £417,050 | 30% below HPI |
2004 7 JUN | £242,000 | £321,307 | 25% below HPI |
2001 13 AUG | £159,950 | £230,483 | 31% below HPI |
1999 14 JUL | £99,000 | £151,412 | 35% 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 five NEWLANDS CORNER sales between July 1999 and July 2017 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 April 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
NEWLANDS CORNER is 117m², which includes three extensions, according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses in Timsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Timsbury, and where NEWLANDS CORNER lies on this distribution: 44% of detached houses are smaller than NEWLANDS CORNER, and 52% of houses are larger. Note that EPC data is not available for all properties in Timsbury.
NEWLANDS CORNER sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of NEWLANDS CORNER, 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 NEWLANDS CORNER). 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.
NEWLANDS CORNER is located on NORTH ROAD in TIMSBURY, in the BA2 postcode district. The below map shows the position of NEWLANDS CORNER on NORTH ROAD.