REDCLIFF HOUSE, NEW ROAD, DRAYCOTT, CHEDDAR, BS27 3SG - £630,000

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.

REDCLIFF HOUSE is a very large detached house of 175m², built sometime between 2003 and 2006, which could now be worth an estimated £779,396. It was last sold for £630,000 in November 2018, which was around 69% above the average November 2018 detached price in the Somerset local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was A.

REDCLIFF HOUSE Sold Prices

Land registry data shows two sales for REDCLIFF 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 REDCLIFF HOUSE sales was for above the average price, whilst the other was 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
2018 8 NOV	£630,000	£372,173	69% above HPI
2002 24 JAN	£100,000	£166,361	40% below HPI

REDCLIFF 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 REDCLIFF HOUSE sales from January 2002 and November 2018 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 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2018 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might REDCLIFF HOUSE be worth now?

REDCLIFF HOUSE might now be worth an estimated £779,396.

This is based on house price inflation of 23.7%, between November 2018 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 23.7% inflationary increase is applied to the most recent sale price for REDCLIFF HOUSE of £630,000 on 8th November 2018. For the value to have increased from £630,000 to £779,396 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of REDCLIFF HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The November 2018 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of REDCLIFF HOUSE has not materially changed since November 2018.

How Large is REDCLIFF HOUSE?

REDCLIFF HOUSE is 175m² according to the EPC inspection conducted in August 2016. This puts it in the largest 20% of detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Draycott, and where REDCLIFF HOUSE lies on this distribution: 83% of detached houses houses are smaller than REDCLIFF HOUSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Draycott.

REDCLIFF HOUSE: Plot and Title Map

REDCLIFF HOUSE sits on a plot of roughly 0.283 of an acre, or 1,146m². The below map shows the location of REDCLIFF 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 REDCLIFF 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 REDCLIFF HOUSE?

REDCLIFF HOUSE is located on NEW ROAD in DRAYCOTT, in the BS27 postcode district. The below map shows the position of REDCLIFF HOUSE on NEW ROAD.