MORDEN, UPPER NEW ROAD, CHEDDAR, BS27 3DN - £298,000

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

MORDEN is a midsized detached house of 122m², built sometime between 1930 and 1949. It was last sold for £298,000 in January 2020, which was around 18% below the average January 2020 detached price in the Somerset local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

MORDEN Sold Prices

Land registry data shows three sales for MORDEN 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 MORDEN 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
2020 14 JAN	£298,000	£363,310	18% below HPI
2002 7 JUN	£193,000	£176,985	9% above HPI
1998 30 SEP	£60,000	£106,118	43% below HPI

MORDEN 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 MORDEN sales between September 1998 and January 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 June 2002 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is MORDEN?

MORDEN is 122m² according to the EPC inspection conducted in July 2019. 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 MORDEN lies on this distribution: 51% of detached houses are smaller than MORDEN, and 48% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

MORDEN: Plot and Title Map

MORDEN sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of MORDEN, 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 MORDEN). 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 MORDEN?

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