2, THE NURSERIES, THE STREET, DRAYCOTT, CHEDDAR, BS27 3TH - £347,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THE NURSERIES is a small detached house of 97m², built sometime before 1900. It was last sold for £347,000 in February 2022, which was around 18% below the average February 2022 detached price in the Somerset local authority area. The most recent EPC inspection was December 2020, where the current energy rating was E, and the potential energy rating was B.

2 THE NURSERIES Sold Prices

Land registry data shows three sales for 2 THE NURSERIES 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 THE NURSERIES 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
2022 18 FEB	£347,000	£420,985	18% below HPI
2011 14 APR	£235,000	£270,088	13% below HPI
2002 19 APR	£160,000	£168,638	5% below HPI

2 THE NURSERIES 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 THE NURSERIES sales between April 2002 and February 2022 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 April 2011 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 THE NURSERIES?

2 THE NURSERIES is 97m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 30% of detached houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses by size in Draycott, and where 2 THE NURSERIES lies on this distribution: 24% of detached houses are smaller than 2 THE NURSERIES, and 76% of houses are larger. Note that EPC data is not available for all properties in Draycott.

2 THE NURSERIES: Plot and Title Map

2 THE NURSERIES sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 2 THE NURSERIES, 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 THE NURSERIES). 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 THE NURSERIES?

2 THE NURSERIES is located on THE STREET in DRAYCOTT, in the BS27 postcode district. The below map shows the position of 2 THE NURSERIES on THE STREET.