1, THE LINK, CHEDDAR, BS27 3BQ - £276,500

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 LINK is a small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £276,500 in May 2016, which was around 12% below the average May 2016 detached price in the Somerset local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

1 THE LINK Sold Prices

Land registry data shows two sales for 1 THE LINK 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. One of the two 1 THE LINK sales was for below the average price, whilst the other was 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
2016 6 MAY	£276,500	£315,437	12% below HPI
2002 12 MAR	£170,000	£164,620	3% above HPI

1 THE LINK 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 LINK sales from March 2002 and May 2016 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 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1 THE LINK?

1 THE LINK is 100m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 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 LINK lies on this distribution: 25% of detached houses are smaller than 1 THE LINK, and 74% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

1 THE LINK: Plot and Title Map

1 THE LINK sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 1 THE LINK, 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 LINK). 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 LINK?

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