6, MEAD CLOSE, CHEDDAR, BS27 3XN - £365,000

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.

6 MEAD CLOSE is a midsized detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £447,899. It was last sold for £365,000 in July 2020, which was around 3% below the average July 2020 detached price in the Somerset local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

6 MEAD CLOSE Sold Prices

Land registry data shows two sales for 6 MEAD CLOSE 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 6 MEAD CLOSE sales was for below 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
2020 31 JUL	£365,000	£375,211	3% below HPI
2000 18 AUG	£168,000	£142,096	18% above HPI

6 MEAD 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 two 6 MEAD CLOSE sales from August 2000 and July 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 August 2000 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 6 MEAD CLOSE be worth now?

6 MEAD CLOSE might now be worth an estimated £447,899.

This is based on house price inflation of 22.7%, between July 2020 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 22.7% inflationary increase is applied to the most recent sale price for 6 MEAD CLOSE of £365,000 on 31st July 2020. For the value to have increased from £365,000 to £447,899 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 6 MEAD CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The July 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MEAD CLOSE has not materially changed since July 2020.

How Large is 6 MEAD CLOSE?

6 MEAD CLOSE is 124m² according to the EPC inspection conducted in January 2020. 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 6 MEAD CLOSE lies on this distribution: 52% of detached houses houses are smaller than 6 MEAD CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

6 MEAD CLOSE: Plot and Title Map

6 MEAD CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 6 MEAD 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 6 MEAD 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 6 MEAD CLOSE?

6 MEAD CLOSE is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 6 on MEAD CLOSE.