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

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

PANORAMA is a midsized extended detached house of 137m², built sometime between 1967 and 1975. It was last sold for £243,500 in February 2003, which was around 17% 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	£207,759	17% above HPI
1996 27 SEP	£120,000	£87,228	38% 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 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2003 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

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 in Shipham, based on EPC data. The below chart shows the distribution of detached houses by size in Shipham, and where PANORAMA lies on this distribution: 54% of detached 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.