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 CHEDDAR FIELDS is a very small detached house of 59m², built sometime between 1991 and 1995. It was last sold for £194,000 in March 2006, which was around 24% below the average March 2006 detached price in the Somerset local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 3 CHEDDAR FIELDS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 3 CHEDDAR FIELDS 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 |
---|---|---|---|
2006 20 MAR | £194,000 | £253,772 | 24% below HPI |
1995 21 DEC | £55,000 | £82,865 | 34% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 3 CHEDDAR FIELDS sales from December 1995 and March 2006 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 December 1995 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2006 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
3 CHEDDAR FIELDS is 59m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where 3 CHEDDAR FIELDS lies on this distribution: 1% of detached houses are smaller than 3 CHEDDAR FIELDS, and 99% of houses are larger. Note that EPC data is not available for all properties in Cheddar.
3 CHEDDAR FIELDS sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 3 CHEDDAR FIELDS, 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 CHEDDAR FIELDS). 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 CHEDDAR FIELDS is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 3 on CHEDDAR FIELDS.