2, THE OLD YARD, CHEDDAR, BS27 3DY - £253,000

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 THE OLD YARD is a small detached house of 100m². It was last sold for £253,000 in December 2017, which was around 28% below the average December 2017 detached price in the Somerset local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was A.

2 THE OLD YARD Sold Prices

Land registry data shows three sales for 2 THE OLD YARD 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 OLD YARD 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
2017 21 DEC	£253,000	£349,351	28% below HPI
2017 29 SEP	£900	£344,853	100% below HPI
2013 20 DEC	£150,000	£279,254	46% below HPI

2 THE OLD YARD 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 OLD YARD sales between December 2013 and December 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 September 2017 sale was for 100% below the HPI. So the extrapolation line tracks at 100% below the HPI over time, until the December 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 THE OLD YARD?

2 THE OLD YARD is 100m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% 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 THE OLD YARD lies on this distribution: 25% of detached houses are smaller than 2 THE OLD YARD, and 74% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

2 THE OLD YARD: Plot and Title Map

2 THE OLD YARD sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 2 THE OLD YARD, 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 OLD YARD). 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 OLD YARD?

2 THE OLD YARD is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 2 on THE OLD YARD.