PEMBA HOUSE, THE HAYES, CHEDDAR, BS27 3HP - £390,000

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.

PEMBA HOUSE is a large extended detached house of 138m², built sometime between 1967 and 1975, which could now be worth an estimated £407,713. It was last sold for £390,000 in March 2024, which was around 11% below the average March 2024 detached price in the Somerset local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was B.

PEMBA HOUSE Sold Prices

Land registry data shows two sales for PEMBA HOUSE 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. One of the two PEMBA HOUSE sales was for below the average price, whilst the other 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
2024 20 MAR	£390,000	£440,426	11% below HPI
1995 8 SEP	£91,000	£86,797	5% above HPI

PEMBA HOUSE 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 PEMBA HOUSE sales from September 1995 and March 2024 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 September 1995 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might PEMBA HOUSE be worth now?

PEMBA HOUSE might now be worth an estimated £407,713.

This is based on house price inflation of 4.5%, between March 2024 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 4.5% inflationary increase is applied to the most recent sale price for PEMBA HOUSE of £390,000 on 20th March 2024. For the value to have increased from £390,000 to £407,713 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of PEMBA HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The March 2024 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of PEMBA HOUSE has not materially changed since March 2024.

How Large is PEMBA HOUSE?

PEMBA HOUSE is 138m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 40% 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 PEMBA HOUSE lies on this distribution: 63% of detached houses houses are smaller than PEMBA HOUSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

PEMBA HOUSE: Plot and Title Map

PEMBA HOUSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of PEMBA HOUSE, 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 PEMBA HOUSE). 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 PEMBA HOUSE?

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