6, SPRINGFIELD ROAD, CHEDDAR, BS27 3AL - £435,000

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 SPRINGFIELD ROAD is a small detached house of 109m², built sometime between 1991 and 1995, which could now be worth an estimated £452,398. It was last sold for £435,000 in February 2022, which was about the average February 2022 detached price in the Somerset local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

6 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 6 SPRINGFIELD 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. The three 6 SPRINGFIELD ROAD sales were a mix of roughly equal to the average price, and 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
2022 15 FEB	£435,000	£434,243	Close to HPI
1999 10 SEP	£139,500	£121,722	15% above HPI
1996 3 JUL	£97,000	£87,614	11% above HPI

6 SPRINGFIELD 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 6 SPRINGFIELD ROAD sales between July 1996 and February 2022 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 6 SPRINGFIELD ROAD be worth now?

6 SPRINGFIELD ROAD might now be worth an estimated £452,398.

This is based on house price inflation of 4%, between February 2022 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 4% inflationary increase is applied to the most recent sale price for 6 SPRINGFIELD ROAD of £435,000 on 15th February 2022. For the value to have increased from £435,000 to £452,398 over the two years and eleven months to March 2025, the following assumptions must hold true:

• The value of 6 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2022 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SPRINGFIELD ROAD has not materially changed since February 2022.

How Large is 6 SPRINGFIELD ROAD?

6 SPRINGFIELD ROAD is 109m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% 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 SPRINGFIELD ROAD lies on this distribution: 32% of detached houses houses are smaller than 6 SPRINGFIELD ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

6 SPRINGFIELD ROAD: Plot and Title Map

6 SPRINGFIELD ROAD sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 6 SPRINGFIELD 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 6 SPRINGFIELD 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 6 SPRINGFIELD ROAD?

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