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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WINDING WAY is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £245,000 in December 2020, which was around 37% 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	£387,898	37% below HPI
2007 2 NOV	£227,500	£298,845	24% below HPI
2001 7 JUN	£125,000	£148,331	16% below HPI
2000 24 OCT	£115,000	£142,080	19% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

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 in Porlock, based on EPC data. The below chart shows the distribution of detached houses by size in Porlock, and where WINDING WAY lies on this distribution: 2% of detached houses are smaller than WINDING WAY, and 98% 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.