REDLANDS NORTH, THE HAYES, CHEDDAR, BS27 3HP - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

REDLANDS NORTH is a small detached house of 114m², which could now be worth an estimated £446,634. It was last sold for £295,000 in January 2015, which was around 2% below the average January 2015 detached price in the Somerset local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was B.

REDLANDS NORTH Sold Prices

Land registry data shows two sales for REDLANDS NORTH 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. Both of the two REDLANDS NORTH sales were 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
2015 9 JAN	£295,000	£302,438	2% below HPI
2010 12 FEB	£275,000	£277,822	1% below HPI

REDLANDS NORTH 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 REDLANDS NORTH sales from February 2010 and January 2015 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 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2015 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might REDLANDS NORTH be worth now?

REDLANDS NORTH might now be worth an estimated £446,634.

This is based on house price inflation of 51.4%, between January 2015 and December 2024, 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 51.4% inflationary increase is applied to the most recent sale price for REDLANDS NORTH of £295,000 on 9th January 2015. For the value to have increased from £295,000 to £446,634 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of REDLANDS NORTH has moved in line with the HPI for detached houses in the Somerset local authority area.
• The January 2015 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of REDLANDS NORTH has not materially changed since January 2015.

How Large is REDLANDS NORTH?

REDLANDS NORTH is 114m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 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 REDLANDS NORTH lies on this distribution: 37% of detached houses houses are smaller than REDLANDS NORTH, and 63% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

REDLANDS NORTH: Plot and Title Map

REDLANDS NORTH sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of REDLANDS NORTH, 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 REDLANDS NORTH). 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 REDLANDS NORTH?

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