2, CHARNWOOD DRIVE, CHEDDAR, BS27 3HD - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 CHARNWOOD DRIVE is a very small extended detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £440,089. It was last sold for £340,000 in September 2017, which was around 4% below the average September 2017 detached price in the Somerset local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

2 CHARNWOOD DRIVE Sold Prices

Land registry data shows three sales for 2 CHARNWOOD DRIVE 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. The three 2 CHARNWOOD DRIVE sales were a mix of below the average price, roughly equal to the average price, and 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
2017 12 SEP	£340,000	£355,714	4% below HPI
2001 8 NOV	£166,000	£165,958	Close to HPI
1999 21 MAY	£113,500	£110,688	3% above HPI

2 CHARNWOOD DRIVE 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 2 CHARNWOOD DRIVE sales between May 1999 and September 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 November 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2017 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 CHARNWOOD DRIVE be worth now?

2 CHARNWOOD DRIVE might now be worth an estimated £440,089.

This is based on house price inflation of 29.4%, between September 2017 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 29.4% inflationary increase is applied to the most recent sale price for 2 CHARNWOOD DRIVE of £340,000 on 12th September 2017. For the value to have increased from £340,000 to £440,089 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 CHARNWOOD DRIVE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2017 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHARNWOOD DRIVE has not materially changed since September 2017.

How Large is 2 CHARNWOOD DRIVE?

2 CHARNWOOD DRIVE is 89m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% 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 2 CHARNWOOD DRIVE lies on this distribution: 14% of detached houses houses are smaller than 2 CHARNWOOD DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

2 CHARNWOOD DRIVE: Plot and Title Map

2 CHARNWOOD DRIVE sits on a plot of roughly 0.168 of an acre, or 678m². The below map shows the location of 2 CHARNWOOD DRIVE, 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 2 CHARNWOOD DRIVE). 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 2 CHARNWOOD DRIVE?

2 CHARNWOOD DRIVE is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 2 on CHARNWOOD DRIVE.