1, SAXON WAY, CHEDDAR, BS27 3GB - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SAXON WAY is a midsized extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £450,000 in October 2022, which was around 1% below the average October 2022 detached price in the Somerset local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

1 SAXON WAY Sold Prices

Land registry data shows four sales for 1 SAXON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four 1 SAXON 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
2022 28 OCT	£450,000	£454,941	1% below HPI
2015 27 MAR	£285,000	£295,179	3% below HPI
2004 20 SEP	£223,000	£257,025	13% below HPI
2001 17 DEC	£131,500	£162,037	19% below HPI

1 SAXON WAY 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 four 1 SAXON WAY sales between December 2001 and October 2022 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 March 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 1 SAXON WAY?

1 SAXON WAY is 130m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where 1 SAXON WAY lies on this distribution: 57% of detached houses are smaller than 1 SAXON WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

1 SAXON WAY: Plot and Title Map

1 SAXON WAY sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 1 SAXON 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 1 SAXON 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 1 SAXON WAY?

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