Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 SOUTHFIELD is a large extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £260,000 in June 2017, which was around 23% below the average June 2017 detached price in the Somerset local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows four sales for 1 SOUTHFIELD since 1st 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 SOUTHFIELD 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 |
---|---|---|---|
2017 9 JUN | £260,000 | £337,552 | 23% below HPI |
2012 20 SEP | £240,000 | £273,958 | 12% below HPI |
2002 31 OCT | £182,000 | £199,246 | 9% below HPI |
2001 10 SEP | £142,500 | £155,558 | 8% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The four 1 SOUTHFIELD sales between September 2001 and June 2017 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 September 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
1 SOUTHFIELD is 135m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 40% 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 SOUTHFIELD lies on this distribution: 61% of detached houses are smaller than 1 SOUTHFIELD, and 38% of houses are larger. Note that EPC data is not available for all properties in Cheddar.
1 SOUTHFIELD sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of 1 SOUTHFIELD, 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 SOUTHFIELD). 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.
1 SOUTHFIELD is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 1 on SOUTHFIELD.