PENNANT, DARK LANE, BANWELL, BS29 6BP - £517,500

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

PENNANT is a very large extended detached house of 210m², built sometime between 1950 and 1966. It was last sold for £517,500 in August 2015, which was around 51% above the average August 2015 detached price in the North Somerset local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

PENNANT Sold Prices

Land registry data shows two sales for PENNANT 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. Both of the two PENNANT 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
2015 7 AUG	£517,500	£341,621	51% above HPI
2002 12 MAR	£215,000	£178,557	20% above HPI

PENNANT 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 PENNANT sales from March 2002 and August 2015 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 March 2002 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2015 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is PENNANT?

PENNANT is 210m², which includes three extensions, according to the EPC inspection conducted in March 2020. 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 PENNANT lies on this distribution: 96% of detached houses are smaller than PENNANT, and 4% of houses are larger. Note that EPC data is not available for all properties in Banwell.

PENNANT: Plot and Title Map

PENNANT sits on a plot of roughly 0.492 of an acre, or 1,992m². The below map shows the location of PENNANT, 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 PENNANT). 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 PENNANT?

PENNANT is located on DARK LANE in BANWELL, in the BS29 postcode district. The below map shows the position of PENNANT on DARK LANE.