REDLANDS SOUTH, THE HAYES, CHEDDAR, BS27 3HP - £324,000

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

REDLANDS SOUTH is a midsized detached house of 117m². It was last sold for £324,000 in September 2016, which was about the average September 2016 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 SOUTH Sold Prices

Land registry data shows four sales for REDLANDS SOUTH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. The four REDLANDS SOUTH sales were a mix of roughly equal to the average price, and 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
2016 22 SEP	£324,000	£324,930	Close to HPI
2011 23 SEP	£220,000	£274,645	20% below HPI
2009 22 JUN	£225,000	£248,371	9% below HPI
2008 11 AUG	£225,000	£280,933	20% below HPI

REDLANDS SOUTH 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 four REDLANDS SOUTH sales between August 2008 and September 2016 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 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is REDLANDS SOUTH?

REDLANDS SOUTH is 117m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 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 REDLANDS SOUTH lies on this distribution: 43% of detached houses are smaller than REDLANDS SOUTH, and 57% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

REDLANDS SOUTH: Plot and Title Map

REDLANDS SOUTH sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of REDLANDS SOUTH, 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 SOUTH). 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 SOUTH?

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