ARIA, THE HAYES, CHEDDAR, BS27 3AN - £524,000

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

ARIA is a large extended detached house of 147m², built sometime before 1900. It was last sold for £524,000 in March 2021, which was around 36% above the average March 2021 detached price in the Somerset local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

ARIA Sold Prices

Land registry data shows four sales for ARIA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four ARIA sales were 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
2021 23 MAR	£524,000	£383,957	36% above HPI
2005 25 FEB	£320,000	£251,714	27% above HPI
2002 29 JUL	£235,000	£182,721	29% above HPI
2000 6 APR	£176,000	£127,490	38% above HPI

ARIA 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 four ARIA sales between April 2000 and March 2021 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 February 2005 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2021 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is ARIA?

ARIA is 147m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where ARIA lies on this distribution: 73% of detached houses are smaller than ARIA, and 26% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

ARIA: Plot and Title Map

ARIA sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of ARIA, 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 ARIA). 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 ARIA?

ARIA is located on THE HAYES in CHEDDAR, in the BS27 postcode district. The below map shows the position of ARIA on THE HAYES.