Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
CEDAR LODGE is a midsized extended detached house of 162m², built sometime between 1950 and 1966. It was last sold for £1,050,000 in November 2023, which was around 46% above the average November 2023 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for CEDAR LODGE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. All of the three CEDAR LODGE 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 |
---|---|---|---|
2023 10 NOV | £1,050,000 | £719,616 | 46% above HPI |
2007 11 JUN | £490,000 | £377,029 | 30% above HPI |
1996 26 JAN | £140,000 | £108,106 | 30% above HPI |
The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The three CEDAR LODGE sales between January 1996 and November 2023 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 2007 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2023 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.
CEDAR LODGE is 162m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the smallest 50% of detached houses in Chew Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Chew Magna, and where CEDAR LODGE lies on this distribution: 48% of detached houses are smaller than CEDAR LODGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Chew Magna.
CEDAR LODGE sits on a plot of roughly 0.374 of an acre, or 1,514m². The below map shows the location of CEDAR LODGE, 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 CEDAR LODGE). 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.
CEDAR LODGE is located on CHEW HILL in CHEW MAGNA, in the BS40 postcode district. The below map shows the position of CEDAR LODGE on CHEW HILL.