OVERVALE, HILLFIELD, CHEDDAR, BS27 3HW - £735,000

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.

OVERVALE is a very large extended detached house of 220m², built sometime before 1900, which could now be worth an estimated £803,694. It was last sold for £735,000 in November 2021, which was around 75% above the average November 2021 detached price in the Somerset local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

OVERVALE Sold Prices

Land registry data shows three sales for OVERVALE 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. All of the three OVERVALE 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 1 NOV	£735,000	£421,075	75% above HPI
2006 6 JUN	£535,000	£271,305	97% above HPI
1998 11 DEC	£175,000	£108,511	61% above HPI

OVERVALE 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 OVERVALE sales between December 1998 and November 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 June 2006 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the November 2021 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might OVERVALE be worth now?

OVERVALE might now be worth an estimated £803,694.

This is based on house price inflation of 9.3%, between November 2021 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 9.3% inflationary increase is applied to the most recent sale price for OVERVALE of £735,000 on 1st November 2021. For the value to have increased from £735,000 to £803,694 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of OVERVALE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The November 2021 sale price of £735,000 represented a fair market value for the property.
• The size, condition, and specification of OVERVALE has not materially changed since November 2021.

How Large is OVERVALE?

OVERVALE is 220m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 10% 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 OVERVALE lies on this distribution: 96% of detached houses houses are smaller than OVERVALE, and 4% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

OVERVALE: Plot and Title Map

OVERVALE sits on a plot of roughly 0.191 of an acre, or 772m². The below map shows the location of OVERVALE, 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 OVERVALE). 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 OVERVALE?

OVERVALE is located on HILLFIELD in CHEDDAR, in the BS27 postcode district. The below map shows the position of OVERVALE on HILLFIELD.