2, YEO CLOSE, CHEDDAR, BS27 3XL - £425,000

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 YEO CLOSE is a large extended detached house of 148m², built sometime between 1996 and 2002. It was last sold for £425,000 in June 2021, which was around 10% above the average June 2021 detached price in the Somerset local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

2 YEO CLOSE Sold Prices

Land registry data shows seven sales for 2 YEO CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Most of the seven 2 YEO 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
2021 10 JUN	£425,000	£386,350	10% above HPI
2019 13 NOV	£375,000	£363,080	3% above HPI
2013 6 DEC	£315,000	£279,254	13% above HPI
2008 11 AUG	£250,000	£280,933	11% below HPI
2008 25 JAN	£250,000	£299,435	17% below HPI
2003 31 OCT	£209,750	£226,579	7% below HPI
1999 26 NOV	£139,000	£121,250	15% above HPI

2 YEO 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 seven 2 YEO CLOSE sales between November 1999 and June 2021 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 2019 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 YEO CLOSE?

2 YEO CLOSE is 148m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 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 YEO CLOSE lies on this distribution: 74% of detached houses are smaller than 2 YEO CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

2 YEO CLOSE: Plot and Title Map

2 YEO CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 2 YEO 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 YEO 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 YEO CLOSE?

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