SCHOOL HOUSE, FRONT STREET, CHEDZOY, BRIDGWATER, TA7 8RE - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SCHOOL HOUSE is a very small extended detached house of 102m², built sometime before 1900. It was last sold for £350,000 in January 2022, which was around 16% below the average January 2022 detached price in the Somerset local authority area. The most recent EPC inspection was December 2016, where the current energy rating was F, and the potential energy rating was C.

SCHOOL HOUSE Sold Prices

Land registry data shows four sales for SCHOOL HOUSE 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. All of the four SCHOOL HOUSE 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
2022 7 JAN	£350,000	£416,657	16% below HPI
2006 18 JUL	£265,000	£267,135	1% below HPI
2000 30 JUN	£116,000	£133,339	13% below HPI
1996 16 SEP	£83,500	£87,228	4% below HPI

SCHOOL 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 four SCHOOL HOUSE sales between September 1996 and January 2022 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 July 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is SCHOOL HOUSE?

SCHOOL HOUSE is 102m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% of detached houses in Chedzoy, based on EPC data. The below chart shows the distribution of detached houses by size in Chedzoy, and where SCHOOL HOUSE lies on this distribution: 19% of detached houses are smaller than SCHOOL HOUSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Chedzoy.

SCHOOL HOUSE: Plot and Title Map

SCHOOL HOUSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of SCHOOL 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 SCHOOL 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 SCHOOL HOUSE?

SCHOOL HOUSE is located on FRONT STREET in CHEDZOY, in the TA7 postcode district. The below map shows the position of SCHOOL HOUSE on FRONT STREET.