STEEP, OAKRIDGE LANE, WINSCOMBE, BS25 1LZ - £800,000

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

STEEP is a very large extended detached house of 203m², built sometime between 1900 and 1929. It was last sold for £800,000 in July 2021, which was around 83% above the average July 2021 detached price in the North Somerset local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was C.

STEEP Sold Prices

Land registry data shows two sales for STEEP 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 STEEP 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
2021 26 JUL	£800,000	£436,200	83% above HPI
2018 24 AUG	£617,000	£407,052	52% above HPI

STEEP 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 STEEP sales from August 2018 and July 2021 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 August 2018 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the July 2021 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is STEEP?

STEEP is 203m², which includes four extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses in Winscombe, based on EPC data. The below chart shows the distribution of detached houses by size in Winscombe, and where STEEP lies on this distribution: 94% of detached houses are smaller than STEEP, and 5% of houses are larger. Note that EPC data is not available for all properties in Winscombe.

STEEP: Plot and Title Map

STEEP sits on a plot of roughly 0.169 of an acre, or 686m². The below map shows the location of STEEP, 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 STEEP). 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 STEEP?

STEEP is located on OAKRIDGE LANE in WINSCOMBE, in the BS25 postcode district. The below map shows the position of STEEP on OAKRIDGE LANE.