THE CROFT, WHITECROSS LANE, BANWELL, BS29 6DP - £380,000

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.

THE CROFT is a large extended detached house of 126m², built sometime between 1950 and 1966, which could now be worth an estimated £387,253. It was last sold for £380,000 in September 2023, which was around 27% below the average September 2023 detached price in the North Somerset local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was C.

THE CROFT Sold Prices

Land registry data shows three sales for THE CROFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. Two of the three THE CROFT 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
2023 18 SEP	£380,000	£519,117	27% below HPI
2002 8 FEB	£184,000	£178,226	3% above HPI
1995 27 JAN	£83,000	£91,328	9% below HPI

THE CROFT 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 three THE CROFT sales between January 1995 and September 2023 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 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might THE CROFT be worth now?

THE CROFT might now be worth an estimated £387,253.

This is based on house price inflation of 1.9%, between September 2023 and February 2025, for detached houses, in the North Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.9% inflationary increase is applied to the most recent sale price for THE CROFT of £380,000 on 18th September 2023. For the value to have increased from £380,000 to £387,253 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of THE CROFT has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The September 2023 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of THE CROFT has not materially changed since September 2023.

How Large is THE CROFT?

THE CROFT is 126m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 40% of detached houses houses in Banwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banwell, and where THE CROFT lies on this distribution: 64% of detached houses houses are smaller than THE CROFT, and 33% of houses are larger. Note that EPC data is not available for all properties in Banwell.

THE CROFT: Plot and Title Map

THE CROFT sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of THE CROFT, 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 THE CROFT). 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 THE CROFT?

THE CROFT is located on WHITECROSS LANE in BANWELL, in the BS29 postcode district. The below map shows the position of THE CROFT on WHITECROSS LANE.