BUMBLE BEE COTTAGE, LOWER NEW ROAD, CHEDDAR, BS27 3DY - £392,000

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.

BUMBLE BEE COTTAGE is a midsized extended detached house of 126m², built sometime from 2007 onwards, which could now be worth an estimated £442,791. It was last sold for £392,000 in February 2021, which was around 2% below the average February 2021 detached price in the Somerset local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

BUMBLE BEE COTTAGE Sold Prices

Land registry data shows three sales for BUMBLE BEE COTTAGE 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 BUMBLE BEE COTTAGE 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
2021 19 FEB	£392,000	£399,808	2% below HPI
2010 18 JUN	£272,500	£281,008	3% below HPI
1997 17 OCT	£95,000	£100,373	5% below HPI

BUMBLE BEE COTTAGE 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 BUMBLE BEE COTTAGE sales between October 1997 and February 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 June 2010 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might BUMBLE BEE COTTAGE be worth now?

BUMBLE BEE COTTAGE might now be worth an estimated £442,791.

This is based on house price inflation of 13%, between February 2021 and March 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 13% inflationary increase is applied to the most recent sale price for BUMBLE BEE COTTAGE of £392,000 on 19th February 2021. For the value to have increased from £392,000 to £442,791 over the three years and eleven months to March 2025, the following assumptions must hold true:

• The value of BUMBLE BEE COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2021 sale price of £392,000 represented a fair market value for the property.
• The size, condition, and specification of BUMBLE BEE COTTAGE has not materially changed since February 2021.

How Large is BUMBLE BEE COTTAGE?

BUMBLE BEE COTTAGE is 126m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 50% 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 BUMBLE BEE COTTAGE lies on this distribution: 53% of detached houses houses are smaller than BUMBLE BEE COTTAGE, and 46% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

BUMBLE BEE COTTAGE: Plot and Title Map

BUMBLE BEE COTTAGE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of BUMBLE BEE COTTAGE, 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 BUMBLE BEE COTTAGE). 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 BUMBLE BEE COTTAGE?

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