BRAESTONES, LOWER NEW ROAD, CHEDDAR, BS27 3DZ - £405,000

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

BRAESTONES is a midsized extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £405,000 in August 2017, which was around 18% above the average August 2017 detached price in the Somerset local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was A.

BRAESTONES Sold Prices

Land registry data shows two sales for BRAESTONES 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. Both of the two BRAESTONES 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
2017 23 AUG	£405,000	£342,545	18% above HPI
1997 7 MAR	£102,000	£89,971	13% above HPI

BRAESTONES 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 BRAESTONES sales from March 1997 and August 2017 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 1997 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2017 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is BRAESTONES?

BRAESTONES is 127m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 50% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where BRAESTONES lies on this distribution: 55% of detached houses are smaller than BRAESTONES, and 44% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

BRAESTONES: Plot and Title Map

BRAESTONES sits on a plot of roughly 0.325 of an acre, or 1,317m². The below map shows the location of BRAESTONES, 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 BRAESTONES). 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 BRAESTONES?

BRAESTONES is located on LOWER NEW ROAD in CHEDDAR, in the BS27 postcode district. The below map shows the position of BRAESTONES on LOWER NEW ROAD.