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
3 CEDRIC CLOSE is a very large extended detached house of 200m², built sometime between 1996 and 2002. It was last sold for £1,000,000 in July 2022, which was around 39% above the average July 2022 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 CEDRIC CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the three 3 CEDRIC 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 |
---|---|---|---|
2022 21 JUL | £1,000,000 | £718,026 | 39% above HPI |
2004 18 MAR | £499,950 | £312,187 | 60% above HPI |
1997 17 FEB | £205,000 | £114,717 | 79% above HPI |
The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The three 3 CEDRIC CLOSE sales between February 1997 and July 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 March 2004 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the July 2022 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.
3 CEDRIC CLOSE is 200m², which includes three extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses in Bath, based on EPC data. The below chart shows the distribution of detached houses by size in Bath, and where 3 CEDRIC CLOSE lies on this distribution: 81% of detached houses are smaller than 3 CEDRIC CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Bath.
3 CEDRIC CLOSE sits on a plot of roughly 0.297 of an acre, or 1,202m². The below map shows the location of 3 CEDRIC 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 3 CEDRIC 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.
3 CEDRIC CLOSE is located in BATH, in the BA1 postcode district. The below map shows the position of No. 3 on CEDRIC CLOSE.