WOOD RISING, WOLVERSHILL ROAD, BANWELL, BS29 6DJ - £485,000

WOOD RISING is a large extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £485,000 in July 2023, which was around 10% below the average July 2023 detached price in the North Somerset local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

WOOD RISING Sold Prices

Land registry data shows three sales for WOOD RISING since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. Two of the three WOOD RISING sales were for below the average price, whilst one was 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
2023 26 JUL	£485,000	£536,873	10% below HPI
2007 10 MAY	£279,000	£290,008	4% below HPI
1996 3 DEC	£116,000	£95,988	21% above HPI

WOOD RISING 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 three WOOD RISING sales between December 1996 and July 2023 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 May 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is WOOD RISING?

WOOD RISING is 125m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 40% of detached houses in Banwell, based on EPC data. The below chart shows the distribution of detached houses by size in Banwell, and where WOOD RISING lies on this distribution: 65% of detached houses are smaller than WOOD RISING, and 34% of houses are larger. Note that EPC data is not available for all properties in Banwell.

WOOD RISING: Plot and Title Map

WOOD RISING sits on a plot of roughly 0.202 of an acre, or 818m². The below map shows the location of WOOD RISING, 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 WOOD RISING). 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 WOOD RISING?

WOOD RISING is located on WOLVERSHILL ROAD in BANWELL, in the BS29 postcode district. The below map shows the position of WOOD RISING on WOLVERSHILL ROAD.