10, MEAD CLOSE, CHEDDAR, BS27 3XN - £348,500

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

10 MEAD CLOSE is a large extended detached house of 147m², built sometime between 1996 and 2002, which could now be worth an estimated £562,392. It was last sold for £348,500 in August 2010, which was around 22% above the average August 2010 detached price in the Somerset local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

10 MEAD CLOSE Sold Prices

Land registry data shows two sales for 10 MEAD 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 10 MEAD CLOSE 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
2010 6 AUG	£348,500	£285,316	22% above HPI
2001 27 JUL	£193,000	£155,796	24% above HPI

10 MEAD 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 10 MEAD CLOSE sales from July 2001 and August 2010 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 July 2001 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2010 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 10 MEAD CLOSE be worth now?

10 MEAD CLOSE might now be worth an estimated £562,392.

This is based on house price inflation of 61.4%, between August 2010 and February 2025, 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 61.4% inflationary increase is applied to the most recent sale price for 10 MEAD CLOSE of £348,500 on 6th August 2010. For the value to have increased from £348,500 to £562,392 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 10 MEAD CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The August 2010 sale price of £348,500 represented a fair market value for the property.
• The size, condition, and specification of 10 MEAD CLOSE has not materially changed since August 2010.

How Large is 10 MEAD CLOSE?

10 MEAD CLOSE is 147m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 30% 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 10 MEAD CLOSE lies on this distribution: 74% of detached houses houses are smaller than 10 MEAD CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

10 MEAD CLOSE: Plot and Title Map

10 MEAD CLOSE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 10 MEAD 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 10 MEAD 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 10 MEAD CLOSE?

10 MEAD CLOSE is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 10 on MEAD CLOSE.