1, THE CHESTNUTS, CHEDDAR, BS27 3DE - £645,000

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 THE CHESTNUTS is a large detached house of 153m², built sometime between 1983 and 1990. It was last sold for £645,000 in May 2023, which was around 47% above the average May 2023 detached price in the Somerset local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

1 THE CHESTNUTS Sold Prices

Land registry data shows two sales for 1 THE CHESTNUTS 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 THE CHESTNUTS sales were 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 31 MAY	£645,000	£438,467	47% above HPI
2020 18 DEC	£538,000	£387,898	39% above HPI

1 THE CHESTNUTS 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 THE CHESTNUTS sales from December 2020 and May 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 December 2020 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the May 2023 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 1 THE CHESTNUTS?

1 THE CHESTNUTS is 153m² according to the EPC inspection conducted in August 2022. This puts it in the largest 30% 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 THE CHESTNUTS lies on this distribution: 76% of detached houses are smaller than 1 THE CHESTNUTS, and 23% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

1 THE CHESTNUTS: Plot and Title Map

1 THE CHESTNUTS sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 1 THE CHESTNUTS, 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 THE CHESTNUTS). 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 THE CHESTNUTS?

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