8, THE CEDARS, EVERCREECH, SHEPTON MALLET, BA4 6LG - £260,000

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.

8 THE CEDARS is a small extended detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £429,151. It was last sold for £260,000 in March 2010, which was around 7% below the average March 2010 detached price in the Somerset local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

8 THE CEDARS Sold Prices

Land registry data shows three sales for 8 THE CEDARS 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. Two of the three 8 THE CEDARS sales were for below the average price, whilst one 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
2010 16 MAR	£260,000	£278,950	7% below HPI
1999 17 MAR	£128,150	£109,563	17% above HPI
1995 12 JUL	£85,500	£86,887	2% below HPI

8 THE CEDARS 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 8 THE CEDARS sales between July 1995 and March 2010 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 1999 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2010 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 8 THE CEDARS be worth now?

8 THE CEDARS might now be worth an estimated £429,151.

This is based on house price inflation of 65.1%, between March 2010 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 65.1% inflationary increase is applied to the most recent sale price for 8 THE CEDARS of £260,000 on 16th March 2010. For the value to have increased from £260,000 to £429,151 over the fifteen years and one month to February 2025, the following assumptions must hold true:

• The value of 8 THE CEDARS has moved in line with the HPI for detached houses in the Somerset local authority area.
• The March 2010 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE CEDARS has not materially changed since March 2010.

How Large is 8 THE CEDARS?

8 THE CEDARS is 85m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 30% of detached houses houses in Evercreech, based on EPC data. The below chart shows the distribution of detached houses houses by size in Evercreech, and where 8 THE CEDARS lies on this distribution: 26% of detached houses houses are smaller than 8 THE CEDARS, and 73% of houses are larger. Note that EPC data is not available for all properties in Evercreech.

8 THE CEDARS: Plot and Title Map

8 THE CEDARS sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 8 THE CEDARS, 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 8 THE CEDARS). 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 8 THE CEDARS?

8 THE CEDARS is located in EVERCREECH, in the BA4 postcode district. The below map shows the position of No. 8 on THE CEDARS.