3, COPPER CLOSE, CHEDDAR, BS27 3BJ - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 COPPER CLOSE is a midsized extended detached house of 130m², built sometime between 1976 and 1982, which could now be worth an estimated £493,305. It was last sold for £390,000 in May 2019, which was around 7% above the average May 2019 detached price in the Somerset local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

3 COPPER CLOSE Sold Prices

Land registry data shows four sales for 3 COPPER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four 3 COPPER 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
2019 17 MAY	£390,000	£364,009	7% above HPI
2005 12 AUG	£275,000	£266,383	3% above HPI
2002 12 JUL	£189,995	£188,476	1% above HPI
2000 25 AUG	£145,000	£142,096	2% above HPI

3 COPPER 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 four 3 COPPER CLOSE sales between August 2000 and May 2019 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 August 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 3 COPPER CLOSE be worth now?

3 COPPER CLOSE might now be worth an estimated £493,305.

This is based on house price inflation of 26.5%, between May 2019 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.5% inflationary increase is applied to the most recent sale price for 3 COPPER CLOSE of £390,000 on 17th May 2019. For the value to have increased from £390,000 to £493,305 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 3 COPPER CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The May 2019 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COPPER CLOSE has not materially changed since May 2019.

How Large is 3 COPPER CLOSE?

3 COPPER CLOSE is 130m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 50% of detached houses houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheddar, and where 3 COPPER CLOSE lies on this distribution: 57% of detached houses houses are smaller than 3 COPPER CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

3 COPPER CLOSE: Plot and Title Map

3 COPPER CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 3 COPPER 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 COPPER 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 3 COPPER CLOSE?

3 COPPER CLOSE is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 3 on COPPER CLOSE.