1, NORVILLE CLOSE, CHEDDAR, BS27 3JY - £268,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 NORVILLE CLOSE is a very small detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £402,347. It was last sold for £268,000 in September 2014, which was around 12% below the average September 2014 detached price in the Somerset local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

1 NORVILLE CLOSE Sold Prices

Land registry data shows two sales for 1 NORVILLE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 1 NORVILLE 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
2014 18 SEP	£268,000	£305,000	12% below HPI
2010 9 DEC	£205,000	£284,777	28% below HPI

1 NORVILLE CLOSE 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 two 1 NORVILLE CLOSE sales from December 2010 and September 2014 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 December 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 NORVILLE CLOSE be worth now?

1 NORVILLE CLOSE might now be worth an estimated £402,347.

This is based on house price inflation of 50.1%, between September 2014 and December 2024, for 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 50.1% inflationary increase is applied to the most recent sale price for 1 NORVILLE CLOSE of £268,000 on 18th September 2014. For the value to have increased from £268,000 to £402,347 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 1 NORVILLE CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2014 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NORVILLE CLOSE has not materially changed since September 2014.

How Large is 1 NORVILLE CLOSE?

1 NORVILLE CLOSE is 77m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheddar, and where 1 NORVILLE CLOSE lies on this distribution: 7% of detached houses houses are smaller than 1 NORVILLE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

1 NORVILLE CLOSE: Plot and Title Map

1 NORVILLE CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 1 NORVILLE 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 1 NORVILLE 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 1 NORVILLE CLOSE?

1 NORVILLE CLOSE is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 1 on NORVILLE CLOSE.