HOLLYWELL, UPPER NEW ROAD, CHEDDAR, BS27 3DL - £163,000

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

HOLLYWELL is a small extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £163,000 in June 2003, which was around 25% below the average June 2003 detached price in the Somerset local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

HOLLYWELL Sold Prices

Land registry data shows two sales for HOLLYWELL 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 HOLLYWELL sales were for below 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
2003 10 JUN	£163,000	£215,998	25% below HPI
2001 5 JAN	£108,000	£138,907	22% below HPI

HOLLYWELL 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 HOLLYWELL sales from January 2001 and June 2003 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 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2003 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is HOLLYWELL?

HOLLYWELL is 99m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 30% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where HOLLYWELL lies on this distribution: 24% of detached houses are smaller than HOLLYWELL, and 75% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

HOLLYWELL: Plot and Title Map

HOLLYWELL sits on a plot of roughly 0.072 of an acre, or 289m². The below map shows the location of HOLLYWELL, 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 HOLLYWELL). 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 HOLLYWELL?

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