37, LABOURHAM WAY, CHEDDAR, BS27 3XJ - £306,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

37 LABOURHAM WAY is a very small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £306,000 in June 2020, which was around 15% below the average June 2020 detached price in the Somerset local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

37 LABOURHAM WAY Sold Prices

Land registry data shows four sales for 37 LABOURHAM WAY 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 37 LABOURHAM WAY 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
2020 18 JUN	£306,000	£360,172	15% below HPI
2012 5 APR	£250,000	£265,727	6% below HPI
2002 17 JUN	£156,000	£176,985	12% below HPI
2000 17 NOV	£115,950	£142,539	19% below HPI

37 LABOURHAM 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 four 37 LABOURHAM WAY sales between November 2000 and June 2020 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 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 37 LABOURHAM WAY?

37 LABOURHAM WAY is 89m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where 37 LABOURHAM WAY lies on this distribution: 15% of detached houses are smaller than 37 LABOURHAM WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

37 LABOURHAM WAY: Plot and Title Map

37 LABOURHAM WAY sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 37 LABOURHAM 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 37 LABOURHAM 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 37 LABOURHAM WAY?

37 LABOURHAM WAY is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 37 on LABOURHAM WAY.