9, FAIRLANDS WAY, CHEDDAR, BS27 3NN - £340,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 FAIRLANDS WAY is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £419,053. It was last sold for £340,000 in June 2020, which was around 8% below the average June 2020 detached price in the Somerset local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

9 FAIRLANDS WAY Sold Prices

Land registry data shows three sales for 9 FAIRLANDS WAY 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. All of the three 9 FAIRLANDS WAY sales were 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
2020 19 JUN	£340,000	£371,515	8% below HPI
2017 12 SEP	£320,000	£355,714	10% below HPI
2007 1 OCT	£275,000	£307,472	11% below HPI

9 FAIRLANDS WAY 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 9 FAIRLANDS WAY sales between October 2007 and June 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 September 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 9 FAIRLANDS WAY be worth now?

9 FAIRLANDS WAY might now be worth an estimated £419,053.

This is based on house price inflation of 23.3%, between June 2020 and December 2024, 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 23.3% inflationary increase is applied to the most recent sale price for 9 FAIRLANDS WAY of £340,000 on 19th June 2020. For the value to have increased from £340,000 to £419,053 over the three years and six months to December 2024, the following assumptions must hold true:

• The value of 9 FAIRLANDS WAY has moved in line with the HPI for detached houses in the Somerset local authority area.
• The June 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 9 FAIRLANDS WAY has not materially changed since June 2020.

How Large is 9 FAIRLANDS WAY?

9 FAIRLANDS WAY is 80m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% 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 9 FAIRLANDS WAY lies on this distribution: 9% of detached houses houses are smaller than 9 FAIRLANDS WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

9 FAIRLANDS WAY: Plot and Title Map

9 FAIRLANDS WAY sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 9 FAIRLANDS WAY, 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 9 FAIRLANDS WAY). 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 9 FAIRLANDS WAY?

9 FAIRLANDS WAY is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 9 on FAIRLANDS WAY.