GLENWOOD, VENNS GATE, CHEDDAR, BS27 3BY - £922,500

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.

GLENWOOD is a very large extended detached house of 160m², built sometime between 1983 and 1990, which could now be worth an estimated £939,130. It was last sold for £922,500 in May 2023, which was around 104% above the average May 2023 detached price in the Somerset local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

GLENWOOD Sold Prices

Land registry data shows two sales for GLENWOOD 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 GLENWOOD 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 26 MAY	£922,500	£452,276	104% above HPI
1999 15 NOV	£229,000	£125,068	83% above HPI

GLENWOOD 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 GLENWOOD sales from November 1999 and May 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 November 1999 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the May 2023 sale, where it rises to 104% above the HPI. The line then continues to track at 104% above the HPI.

What might GLENWOOD be worth now?

GLENWOOD might now be worth an estimated £939,130.

This is based on house price inflation of 1.8%, between May 2023 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 1.8% inflationary increase is applied to the most recent sale price for GLENWOOD of £922,500 on 26th May 2023. For the value to have increased from £922,500 to £939,130 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of GLENWOOD has moved in line with the HPI for detached houses in the Somerset local authority area.
• The May 2023 sale price of £922,500 represented a fair market value for the property.
• The size, condition, and specification of GLENWOOD has not materially changed since May 2023.

How Large is GLENWOOD?

GLENWOOD is 160m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% 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 GLENWOOD lies on this distribution: 82% of detached houses houses are smaller than GLENWOOD, and 18% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

GLENWOOD: Plot and Title Map

GLENWOOD sits on a plot of roughly 0.836 of an acre, or 3,382m². The below map shows the location of GLENWOOD, 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 GLENWOOD). 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 GLENWOOD?

GLENWOOD is located on VENNS GATE in CHEDDAR, in the BS27 postcode district. The below map shows the position of GLENWOOD on VENNS GATE.