DIAL HOUSE, UPPER NEW ROAD, CHEDDAR, BS27 3DL - £344,000

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

DIAL HOUSE is a small extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £344,000 in May 2019, which was around 3% below the average May 2019 detached price in the Somerset local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

DIAL HOUSE Sold Prices

Land registry data shows three sales for DIAL HOUSE 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. Two of the three DIAL HOUSE sales were for below the average price, whilst one was 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
2019 17 MAY	£344,000	£352,895	3% below HPI
2014 24 JAN	£273,000	£278,535	2% below HPI
1997 31 JUL	£104,000	£93,390	11% above HPI

DIAL HOUSE 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 DIAL HOUSE sales between July 1997 and May 2019 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 January 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is DIAL HOUSE?

DIAL HOUSE is 109m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where DIAL HOUSE lies on this distribution: 34% of detached houses are smaller than DIAL HOUSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

DIAL HOUSE: Plot and Title Map

DIAL HOUSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of DIAL HOUSE, 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 DIAL HOUSE). 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 DIAL HOUSE?

DIAL HOUSE is located on UPPER NEW ROAD in CHEDDAR, in the BS27 postcode district. The below map shows the position of DIAL HOUSE on UPPER NEW ROAD.