4, CROSS FARM ROAD, DRAYCOTT, CHEDDAR, BS27 3SE - £280,000

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.

4 CROSS FARM ROAD is a small detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £429,771. It was last sold for £280,000 in December 2014, which was around 7% below the average December 2014 detached price in the Somerset local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

4 CROSS FARM ROAD Sold Prices

Land registry data shows three sales for 4 CROSS FARM ROAD 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 4 CROSS FARM ROAD 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
2014 12 DEC	£280,000	£299,974	7% below HPI
2012 2 MAR	£197,500	£272,162	27% below HPI
2004 7 JAN	£179,950	£239,008	25% below HPI

4 CROSS FARM ROAD 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 4 CROSS FARM ROAD sales between January 2004 and December 2014 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 March 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 4 CROSS FARM ROAD be worth now?

4 CROSS FARM ROAD might now be worth an estimated £429,771.

This is based on house price inflation of 53.5%, between December 2014 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 53.5% inflationary increase is applied to the most recent sale price for 4 CROSS FARM ROAD of £280,000 on 12th December 2014. For the value to have increased from £280,000 to £429,771 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 CROSS FARM ROAD has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2014 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CROSS FARM ROAD has not materially changed since December 2014.

How Large is 4 CROSS FARM ROAD?

4 CROSS FARM ROAD is 114m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Draycott, and where 4 CROSS FARM ROAD lies on this distribution: 37% of detached houses houses are smaller than 4 CROSS FARM ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Draycott.

4 CROSS FARM ROAD: Plot and Title Map

4 CROSS FARM ROAD sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 4 CROSS FARM ROAD, 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 4 CROSS FARM ROAD). 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 4 CROSS FARM ROAD?

4 CROSS FARM ROAD is located in DRAYCOTT, in the BS27 postcode district. The below map shows the position of No. 4 on CROSS FARM ROAD.