16, SPRINGFIELD CLOSE, CHEDDAR, BS27 3AR - £339,000

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

16 SPRINGFIELD CLOSE is a very large extended detached house of 162m², built sometime between 1967 and 1975. It was last sold for £339,000 in November 2015, which was around 10% above the average November 2015 detached price in the Somerset local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was C.

16 SPRINGFIELD CLOSE Sold Prices

Land registry data shows three sales for 16 SPRINGFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 16 SPRINGFIELD 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
2015 2 NOV	£339,000	£309,307	10% above HPI
2001 25 MAY	£185,000	£146,642	26% above HPI
1998 30 APR	£126,800	£99,489	27% above HPI

16 SPRINGFIELD 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 three 16 SPRINGFIELD CLOSE sales between April 1998 and November 2015 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 May 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2015 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 16 SPRINGFIELD CLOSE?

16 SPRINGFIELD CLOSE is 162m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 20% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where 16 SPRINGFIELD CLOSE lies on this distribution: 81% of detached houses are smaller than 16 SPRINGFIELD CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

16 SPRINGFIELD CLOSE: Plot and Title Map

16 SPRINGFIELD CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 16 SPRINGFIELD 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 16 SPRINGFIELD 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 16 SPRINGFIELD CLOSE?

16 SPRINGFIELD CLOSE is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 16 on SPRINGFIELD CLOSE.