6, HOMESTEAD WAY, WINSCOMBE, BS25 1HL - £395,000

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.

6 HOMESTEAD WAY is a large extended detached house of 148m², built sometime between 1950 and 1966, which could now be worth an estimated £477,916. It was last sold for £395,000 in May 2020, which was around 6% below the average May 2020 detached price in the North Somerset local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

6 HOMESTEAD WAY Sold Prices

Land registry data shows two sales for 6 HOMESTEAD WAY 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 6 HOMESTEAD 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 29 MAY	£395,000	£422,019	6% below HPI
2014 18 SEP	£292,000	£333,873	13% below HPI

6 HOMESTEAD WAY 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 6 HOMESTEAD WAY sales from September 2014 and May 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 September 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 6 HOMESTEAD WAY be worth now?

6 HOMESTEAD WAY might now be worth an estimated £477,916.

This is based on house price inflation of 21%, between May 2020 and June 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 21% inflationary increase is applied to the most recent sale price for 6 HOMESTEAD WAY of £395,000 on 29th May 2020. For the value to have increased from £395,000 to £477,916 over the four years and eleven months to June 2025, the following assumptions must hold true:

• The value of 6 HOMESTEAD WAY has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The May 2020 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 6 HOMESTEAD WAY has not materially changed since May 2020.

How Large is 6 HOMESTEAD WAY?

6 HOMESTEAD WAY is 148m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses houses in Winscombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winscombe, and where 6 HOMESTEAD WAY lies on this distribution: 67% of detached houses houses are smaller than 6 HOMESTEAD WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Winscombe.

6 HOMESTEAD WAY: Plot and Title Map

6 HOMESTEAD WAY sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 6 HOMESTEAD 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 6 HOMESTEAD 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 6 HOMESTEAD WAY?

6 HOMESTEAD WAY is located in WINSCOMBE, in the BS25 postcode district. The below map shows the position of No. 6 on HOMESTEAD WAY.