6, WAITS CLOSE, BANWELL, BS29 6HH - £158,500

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 WAITS CLOSE is a very small semi-detached house of 58m², built sometime between 1976 and 1982, which could now be worth an estimated £295,712. It was last sold for £158,500 in April 2011, which was around 13% below the average April 2011 semi-detached price in the North Somerset local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

6 WAITS CLOSE Sold Prices

Land registry data shows four sales for 6 WAITS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Somerset local authority area for the corresponding sale date. All of the four 6 WAITS CLOSE 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
2011 8 APR	£158,500	£181,975	13% below HPI
2003 20 OCT	£138,950	£143,316	3% below HPI
2001 10 AUG	£86,000	£99,838	14% below HPI
1995 26 MAY	£51,000	£55,255	8% below HPI

6 WAITS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Somerset local authority area over time, sourced from the HPI. The four 6 WAITS CLOSE sales between May 1995 and April 2011 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 October 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2011 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 6 WAITS CLOSE be worth now?

6 WAITS CLOSE might now be worth an estimated £295,712.

This is based on house price inflation of 86.6%, between April 2011 and March 2025, for semi-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 86.6% inflationary increase is applied to the most recent sale price for 6 WAITS CLOSE of £158,500 on 8th April 2011. For the value to have increased from £158,500 to £295,712 over the fourteen years and one month to March 2025, the following assumptions must hold true:

• The value of 6 WAITS CLOSE has moved in line with the HPI for semi-detached houses in the North Somerset local authority area.
• The April 2011 sale price of £158,500 represented a fair market value for the property.
• The size, condition, and specification of 6 WAITS CLOSE has not materially changed since April 2011.

How Large is 6 WAITS CLOSE?

6 WAITS CLOSE is 58m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of semi-detached houses houses in Banwell, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Banwell, and where 6 WAITS CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 6 WAITS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Banwell.

6 WAITS CLOSE: Plot and Title Map

6 WAITS CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 6 WAITS CLOSE, 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 WAITS CLOSE). 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 WAITS CLOSE?

6 WAITS CLOSE is located in BANWELL, in the BS29 postcode district. The below map shows the position of No. 6 on WAITS CLOSE.