THE STUDIO, CUCK HILL, SHIPHAM, WINSCOMBE, BS25 1RA - £435,000

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

THE STUDIO is a small extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £435,000 in July 2017, which was around 28% above the average July 2017 detached price in the Somerset local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was A.

THE STUDIO Sold Prices

Land registry data shows two sales for THE STUDIO 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. One of the two THE STUDIO sales was for above the average price, whilst the other was for below 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
2017 14 JUL	£435,000	£338,873	28% above HPI
2001 20 DEC	£100,000	£162,037	38% below HPI

THE STUDIO 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 THE STUDIO sales from December 2001 and July 2017 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 December 2001 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2017 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is THE STUDIO?

THE STUDIO is 115m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% of detached houses in Shipham, based on EPC data. The below chart shows the distribution of detached houses by size in Shipham, and where THE STUDIO lies on this distribution: 38% of detached houses are smaller than THE STUDIO, and 61% of houses are larger. Note that EPC data is not available for all properties in Shipham.

THE STUDIO: Plot and Title Map

THE STUDIO sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of THE STUDIO, 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 STUDIO). 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 STUDIO?

THE STUDIO is located on CUCK HILL in SHIPHAM, in the BS25 postcode district. The below map shows the position of THE STUDIO on CUCK HILL.