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

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.

DIAL HOUSE is a small extended detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £435,120. It was last sold for £344,000 in May 2019, which was around 5% 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	£364,009	5% below HPI
2014 24 JAN	£273,000	£287,307	5% below HPI
1997 31 JUL	£104,000	£96,331	8% 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2019 sale, which was also at 5% below the HPI.

What might DIAL HOUSE be worth now?

DIAL HOUSE might now be worth an estimated £435,120.

This is based on house price inflation of 26.5%, between May 2019 and February 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 26.5% inflationary increase is applied to the most recent sale price for DIAL HOUSE of £344,000 on 17th May 2019. For the value to have increased from £344,000 to £435,120 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of DIAL HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The May 2019 sale price of £344,000 represented a fair market value for the property.
• The size, condition, and specification of DIAL HOUSE has not materially changed since May 2019.

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 houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheddar, and where DIAL HOUSE lies on this distribution: 32% of detached houses houses are smaller than DIAL HOUSE, and 67% 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.