3, GLEBE WAY, CHEDDAR, BS27 3XU - £272,500

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 GLEBE WAY is a midsized extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £272,500 in May 2013, which was about the average May 2013 detached price in the Somerset local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

3 GLEBE WAY Sold Prices

Land registry data shows two sales for 3 GLEBE WAY since 1^st 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. One of the two 3 GLEBE WAY sales was roughly equal to the average price, whilst the other was 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
2013 31 MAY	£272,500	£271,781	Close to HPI
2001 6 APR	£149,950	£143,093	5% above HPI

3 GLEBE WAY 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 two 3 GLEBE WAY sales from April 2001 and May 2013 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 April 2001 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2013 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 3 GLEBE WAY?

3 GLEBE WAY is 124m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 50% 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 GLEBE WAY lies on this distribution: 53% of detached houses are smaller than 3 GLEBE WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

3 GLEBE WAY: Plot and Title Map

3 GLEBE WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 3 GLEBE WAY, 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 GLEBE WAY). 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 GLEBE WAY?

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