OUTWOOD, NORTH DOWN LANE, SHIPHAM, WINSCOMBE, BS25 1SN - £435,000

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

OUTWOOD is a midsized extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £435,000 in March 2024, which was about the average March 2024 detached price in the Somerset local authority area. The most recent EPC inspection was December 2023, where the current energy rating was E, and the potential energy rating was D.

OUTWOOD Sold Prices

Land registry data shows two sales for OUTWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. One of the two OUTWOOD sales was roughly equal to the average price, whilst the other 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
2024 28 MAR	£435,000	£435,774	Close to HPI
1997 17 JAN	£129,000	£87,741	47% above HPI

OUTWOOD 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 two OUTWOOD sales from January 1997 and March 2024 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 January 1997 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the March 2024 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is OUTWOOD?

OUTWOOD is 130m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the smallest 50% of detached houses in Shipham, based on EPC data. The below chart shows the distribution of detached houses by size in Shipham, and where OUTWOOD lies on this distribution: 48% of detached houses are smaller than OUTWOOD, and 51% of houses are larger. Note that EPC data is not available for all properties in Shipham.

OUTWOOD: Plot and Title Map

OUTWOOD sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of OUTWOOD, 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 OUTWOOD). 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 OUTWOOD?

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