7, SILVER STREET, CHEDDAR, BS27 3LE - £515,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 SILVER STREET is a very large semi-detached house of 174m², built sometime before 1900. It was last sold for £515,000 in March 2024, which was around 20% above the average March 2024 detached price in the Somerset local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

7 SILVER STREET Sold Prices

Land registry data shows two sales for 7 SILVER STREET 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 7 SILVER STREET sales was for above the average price, whilst the other was 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
2024 19 MAR	£515,000	£430,566	20% above HPI
2006 30 JAN	£240,000	£253,137	5% below HPI

7 SILVER STREET 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 7 SILVER STREET sales from January 2006 and March 2024 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 January 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2024 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 7 SILVER STREET?

7 SILVER STREET is 174m² according to the EPC inspection conducted in March 2014. This puts it in the largest 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 7 SILVER STREET lies on this distribution: 87% of detached houses are smaller than 7 SILVER STREET, and 13% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

7 SILVER STREET: Plot and Title Map

7 SILVER STREET sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 7 SILVER STREET, 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 7 SILVER STREET). 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 7 SILVER STREET?

7 SILVER STREET is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 7 on SILVER STREET.