2, GLEBELANDS CLOSE, CHEDDAR, BS27 3XP - £350,000

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

2 GLEBELANDS CLOSE is a very large extended detached house of 176m², built sometime between 1996 and 2002. It was last sold for £350,000 in December 2019, which was around 3% below the average December 2019 detached price in the Somerset local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was A.

2 GLEBELANDS CLOSE Sold Prices

Land registry data shows three sales for 2 GLEBELANDS 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 2 GLEBELANDS CLOSE sales were for below 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
2019 19 DEC	£350,000	£361,448	3% below HPI
2004 3 NOV	£221,000	£259,649	15% below HPI
2000 29 SEP	£120,000	£140,699	15% below HPI

2 GLEBELANDS 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 2 GLEBELANDS CLOSE sales between September 2000 and December 2019 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 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 GLEBELANDS CLOSE?

2 GLEBELANDS CLOSE is 176m², which includes three extensions, according to the EPC inspection conducted in May 2018. 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 2 GLEBELANDS CLOSE lies on this distribution: 88% of detached houses are smaller than 2 GLEBELANDS CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

2 GLEBELANDS CLOSE: Plot and Title Map

2 GLEBELANDS CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 2 GLEBELANDS 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 2 GLEBELANDS 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 2 GLEBELANDS CLOSE?

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