PANORAMA, NORTH DOWN LANE, SHIPHAM, WINSCOMBE, BS25 1SN - £243,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PANORAMA is a midsized extended detached house of 137m², built sometime between 1967 and 1975, which could now be worth an estimated £523,161. It was last sold for £243,500 in February 2003, which was around 14% above the average February 2003 detached price in the Somerset local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was C.

PANORAMA Sold Prices

Land registry data shows two sales for PANORAMA 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. Both of the two PANORAMA 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
2003 26 FEB	£243,500	£214,302	14% above HPI
1996 27 SEP	£120,000	£89,975	33% above HPI

PANORAMA 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 PANORAMA sales from September 1996 and February 2003 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 September 1996 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the February 2003 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might PANORAMA be worth now?

PANORAMA might now be worth an estimated £523,161.

This is based on house price inflation of 114.9%, between February 2003 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 114.9% inflationary increase is applied to the most recent sale price for PANORAMA of £243,500 on 26th February 2003. For the value to have increased from £243,500 to £523,161 over the 22 years to February 2025, the following assumptions must hold true:

• The value of PANORAMA has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2003 sale price of £243,500 represented a fair market value for the property.
• The size, condition, and specification of PANORAMA has not materially changed since February 2003.

How Large is PANORAMA?

PANORAMA is 137m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 50% of detached houses houses in Shipham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shipham, and where PANORAMA lies on this distribution: 53% of detached houses houses are smaller than PANORAMA, and 46% of houses are larger. Note that EPC data is not available for all properties in Shipham.

PANORAMA: Plot and Title Map

PANORAMA sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of PANORAMA, 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 PANORAMA). 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 PANORAMA?

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