MAYFIELD, THE HAYES, CHEDDAR, BS27 3AN - £386,000

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

MAYFIELD is a midsized detached house of 124m², built sometime between 1950 and 1966. It was last sold for £386,000 in December 2020, which was about the average December 2020 detached price in the Somerset local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

MAYFIELD Sold Prices

Land registry data shows three sales for MAYFIELD 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. The three MAYFIELD sales were a mix of roughly equal to the average price, above the average price, and 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
2020 14 DEC	£386,000	£387,898	Close to HPI
2017 15 FEB	£320,000	£329,880	3% below HPI
2006 16 JUN	£282,500	£263,021	7% above HPI

MAYFIELD 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 MAYFIELD sales between June 2006 and December 2020 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 February 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is MAYFIELD?

MAYFIELD is 124m² according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where MAYFIELD lies on this distribution: 53% of detached houses are smaller than MAYFIELD, and 47% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

MAYFIELD: Plot and Title Map

MAYFIELD sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of MAYFIELD, 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 MAYFIELD). 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 MAYFIELD?

MAYFIELD is located on THE HAYES in CHEDDAR, in the BS27 postcode district. The below map shows the position of MAYFIELD on THE HAYES.