ORIEL LODGE, WOLVERSHILL ROAD, BANWELL, BS29 6DJ - £650,000

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

ORIEL LODGE is a very large extended detached house of 200m², built sometime between 1950 and 1966. It was last sold for £650,000 in August 2021, which was around 47% above the average August 2021 detached price in the North Somerset local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

ORIEL LODGE Sold Prices

Land registry data shows two sales for ORIEL LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. One of the two ORIEL LODGE sales was for above the average price, whilst the other was 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
2021 13 AUG	£650,000	£443,624	47% above HPI
2013 29 NOV	£250,000	£301,261	17% below HPI

ORIEL LODGE 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 two ORIEL LODGE sales from November 2013 and August 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 November 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2021 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is ORIEL LODGE?

ORIEL LODGE is 200m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 10% of detached houses in Banwell, based on EPC data. The below chart shows the distribution of detached houses by size in Banwell, and where ORIEL LODGE lies on this distribution: 95% of detached houses are smaller than ORIEL LODGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Banwell.

ORIEL LODGE: Plot and Title Map

ORIEL LODGE sits on a plot of roughly 0.184 of an acre, or 747m². The below map shows the location of ORIEL LODGE, 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 ORIEL LODGE). 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 ORIEL LODGE?

ORIEL LODGE is located on WOLVERSHILL ROAD in BANWELL, in the BS29 postcode district. The below map shows the position of ORIEL LODGE on WOLVERSHILL ROAD.