3, GOUGH PLACE, CHEDDAR, BS27 3DJ - £197,500

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 GOUGH PLACE is a very small detached house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £320,003. It was last sold for £197,500 in May 2010, which was around 29% below the average May 2010 detached price in the Somerset local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

3 GOUGH PLACE Sold Prices

Land registry data shows three sales for 3 GOUGH PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 3 GOUGH PLACE 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
2010 7 MAY	£197,500	£278,726	29% below HPI
1999 3 SEP	£75,500	£121,722	38% below HPI
1995 16 JUN	£66,050	£87,333	24% below HPI

3 GOUGH PLACE 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 three 3 GOUGH PLACE sales between June 1995 and May 2010 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 September 1999 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2010 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 3 GOUGH PLACE be worth now?

3 GOUGH PLACE might now be worth an estimated £320,003.

This is based on house price inflation of 62%, between May 2010 and March 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 62% inflationary increase is applied to the most recent sale price for 3 GOUGH PLACE of £197,500 on 7th May 2010. For the value to have increased from £197,500 to £320,003 over the fifteen years and two months to March 2025, the following assumptions must hold true:

• The value of 3 GOUGH PLACE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The May 2010 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 3 GOUGH PLACE has not materially changed since May 2010.

How Large is 3 GOUGH PLACE?

3 GOUGH PLACE is 69m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 10% 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 GOUGH PLACE lies on this distribution: 2% of detached houses houses are smaller than 3 GOUGH PLACE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

3 GOUGH PLACE: Plot and Title Map

3 GOUGH PLACE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 3 GOUGH PLACE, 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 GOUGH PLACE). 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 GOUGH PLACE?

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