WAITS COTTAGE, KNIGHTCOTT ROAD, BANWELL, BS29 6HR - £525,000

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

WAITS COTTAGE is a very large extended detached house of 149m², built sometime before 1900. It was last sold for £525,000 in November 2015, which was around 50% above the average November 2015 detached price in the North Somerset local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

WAITS COTTAGE Sold Prices

Land registry data shows two sales for WAITS COTTAGE 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 WAITS COTTAGE 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 13 NOV	£525,000	£350,687	50% above HPI
2007 16 MAR	£375,000	£290,414	29% above HPI

WAITS COTTAGE 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 WAITS COTTAGE sales from March 2007 and November 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 2007 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2015 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is WAITS COTTAGE?

WAITS COTTAGE is 149m², which includes four extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 20% of detached houses in Banwell, based on EPC data. The below chart shows the distribution of detached houses by size in Banwell, and where WAITS COTTAGE lies on this distribution: 83% of detached houses are smaller than WAITS COTTAGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Banwell.

WAITS COTTAGE: Plot and Title Map

WAITS COTTAGE sits on a plot of roughly 0.231 of an acre, or 935m². The below map shows the location of WAITS COTTAGE, 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 WAITS COTTAGE). 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 WAITS COTTAGE?

WAITS COTTAGE is located on KNIGHTCOTT ROAD in BANWELL, in the BS29 postcode district. The below map shows the position of WAITS COTTAGE on KNIGHTCOTT ROAD.