ELM HAY, WELLS ROAD, DRAYCOTT, CHEDDAR, BS27 3ST - £685,000

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

ELM HAY is a very large extended detached house of 277m², built sometime before 1900. It was last sold for £685,000 in January 2021, which was around 77% above the average January 2021 detached price in the Somerset local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

ELM HAY Sold Prices

Land registry data shows two sales for ELM HAY 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 ELM HAY 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
2021 28 JAN	£685,000	£387,801	77% above HPI
2005 1 APR	£498,000	£252,898	97% above HPI

ELM HAY 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 ELM HAY sales from April 2005 and January 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 April 2005 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the January 2021 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is ELM HAY?

ELM HAY is 277m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of detached houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses by size in Draycott, and where ELM HAY lies on this distribution: More than 99% of detached houses are smaller than ELM HAY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Draycott.

ELM HAY: Plot and Title Map

ELM HAY sits on a plot of roughly 0.895 of an acre, or 3,623m². The below map shows the location of ELM HAY, 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 ELM HAY). 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 ELM HAY?

ELM HAY is located on WELLS ROAD in DRAYCOTT, in the BS27 postcode district. The below map shows the position of ELM HAY on WELLS ROAD.