1, MOORVIEW COTTAGES, BAY LANE, DRAYCOTT, CHEDDAR, BS27 3TA - £270,000

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.

1 MOORVIEW COTTAGES is a very small semi-detached house of 84m², built sometime from 2007 onwards, which could now be worth an estimated £346,883. It was last sold for £270,000 in February 2019, which was around 20% above the average February 2019 semi-detached price in the Somerset local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

1 MOORVIEW COTTAGES Sold Prices

Land registry data shows three sales for 1 MOORVIEW COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. Two of the three 1 MOORVIEW COTTAGES sales were for above the average price, whilst one was 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
2019 12 FEB	£270,000	£225,316	20% above HPI
2008 16 JAN	£210,000	£190,364	10% above HPI
2006 7 NOV	£145,000	£178,248	19% below HPI

1 MOORVIEW COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Somerset local authority area over time, sourced from the HPI. The three 1 MOORVIEW COTTAGES sales between November 2006 and February 2019 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 January 2008 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2019 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 1 MOORVIEW COTTAGES be worth now?

1 MOORVIEW COTTAGES might now be worth an estimated £346,883.

This is based on house price inflation of 28.5%, between February 2019 and February 2025, for semi-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 28.5% inflationary increase is applied to the most recent sale price for 1 MOORVIEW COTTAGES of £270,000 on 12th February 2019. For the value to have increased from £270,000 to £346,883 over the six years to February 2025, the following assumptions must hold true:

• The value of 1 MOORVIEW COTTAGES has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The February 2019 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MOORVIEW COTTAGES has not materially changed since February 2019.

How Large is 1 MOORVIEW COTTAGES?

1 MOORVIEW COTTAGES is 84m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of semi-detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Draycott, and where 1 MOORVIEW COTTAGES lies on this distribution: 17% of semi-detached houses houses are smaller than 1 MOORVIEW COTTAGES, and 82% of houses are larger. Note that EPC data is not available for all properties in Draycott.

1 MOORVIEW COTTAGES: Plot and Title Map

1 MOORVIEW COTTAGES sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 1 MOORVIEW COTTAGES, 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 1 MOORVIEW COTTAGES). 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 1 MOORVIEW COTTAGES?

1 MOORVIEW COTTAGES is located on BAY LANE in DRAYCOTT, in the BS27 postcode district. The below map shows the position of 1 MOORVIEW COTTAGES on BAY LANE.