SPRING BANK, THE NORMANS, BATHAMPTON, BATH, BA2 6TD - £455,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SPRING BANK is a very small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £455,000 in October 2020, which was around 23% below the average October 2020 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

SPRING BANK Sold Prices

Land registry data shows three sales for SPRING BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. Two of the three SPRING BANK sales were for below the average price, whilst one 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
2020 13 OCT	£455,000	£593,695	23% below HPI
2009 6 FEB	£357,500	£336,242	6% above HPI
2002 15 NOV	£197,500	£275,950	28% below HPI

SPRING BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The three SPRING BANK sales between November 2002 and October 2020 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 February 2009 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is SPRING BANK?

SPRING BANK is 86m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Bathampton, based on EPC data. The below chart shows the distribution of detached houses by size in Bathampton, and where SPRING BANK lies on this distribution: 10% of detached houses are smaller than SPRING BANK, and 89% of houses are larger. Note that EPC data is not available for all properties in Bathampton.

SPRING BANK: Plot and Title Map

SPRING BANK sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of SPRING BANK, 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 SPRING BANK). 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 SPRING BANK?

SPRING BANK is located on THE NORMANS in BATHAMPTON, in the BA2 postcode district. The below map shows the position of SPRING BANK on THE NORMANS.