WINDING WAY, HIGHBANK, PORLOCK, MINEHEAD, TA24 8NS - £245,000

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.

WINDING WAY is a very small detached house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £281,932. It was last sold for £245,000 in December 2020, which was around 39% below the average December 2020 detached price in the Somerset local authority area. The most recent EPC inspection was September 2020, where the current energy rating was F, and the potential energy rating was C.

WINDING WAY Sold Prices

Land registry data shows four sales for WINDING WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four WINDING WAY sales were 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
2020 4 DEC	£245,000	£400,115	39% below HPI
2007 2 NOV	£227,500	£308,256	26% below HPI
2001 7 JUN	£125,000	£153,003	18% below HPI
2000 24 OCT	£115,000	£146,555	22% below HPI

WINDING WAY 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 four WINDING WAY sales between October 2000 and December 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 November 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might WINDING WAY be worth now?

WINDING WAY might now be worth an estimated £281,932.

This is based on house price inflation of 15.1%, between December 2020 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.1% inflationary increase is applied to the most recent sale price for WINDING WAY of £245,000 on 4th December 2020. For the value to have increased from £245,000 to £281,932 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of WINDING WAY has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of WINDING WAY has not materially changed since December 2020.

How Large is WINDING WAY?

WINDING WAY is 73m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses houses in Porlock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Porlock, and where WINDING WAY lies on this distribution: 3% of detached houses houses are smaller than WINDING WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Porlock.

WINDING WAY: Plot and Title Map

WINDING WAY sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of WINDING WAY, 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 WINDING WAY). 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 WINDING WAY?

WINDING WAY is located on HIGHBANK in PORLOCK, in the TA24 postcode district. The below map shows the position of WINDING WAY on HIGHBANK.