7, YEO CLOSE, CHEDDAR, BS27 3XL - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 YEO CLOSE is a small extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £250,000 in July 2006, which was around 6% below the average July 2006 detached price in the Somerset local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

7 YEO CLOSE Sold Prices

Land registry data shows two sales for 7 YEO 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 7 YEO 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
2006 11 JUL	£250,000	£267,135	6% below HPI
2001 29 JUN	£150,000	£148,331	1% above HPI

7 YEO 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 7 YEO CLOSE sales from June 2001 and July 2006 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 June 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2006 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 7 YEO CLOSE?

7 YEO CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% 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 YEO CLOSE lies on this distribution: 38% of detached houses are smaller than 7 YEO CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

7 YEO CLOSE: Plot and Title Map

7 YEO CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 7 YEO 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 7 YEO 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 7 YEO CLOSE?

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