SOUTH VIEW, HANNAY ROAD, CHEDDAR, BS27 3BT - £812,500

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

SOUTH VIEW is a very large extended detached house of 173m², built sometime before 1900, which could now be worth an estimated £790,988. It was last sold for £812,500 in December 2022, which was around 73% above the average December 2022 detached price in the Somerset local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

SOUTH VIEW Sold Prices

Land registry data shows two sales for SOUTH VIEW 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 SOUTH VIEW sales were 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
2022 2 DEC	£812,500	£470,348	73% above HPI
2011 8 AUG	£367,500	£283,155	30% above HPI

SOUTH VIEW 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 SOUTH VIEW sales from August 2011 and December 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 August 2011 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2022 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might SOUTH VIEW be worth now?

SOUTH VIEW might now be worth an estimated £790,988.

This is based on house price deflation of 2.6%, between December 2022 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 2.6% deflationary decrease is applied to the most recent sale price for SOUTH VIEW of £812,500 on 2nd December 2022. For the value to have decreased from £812,500 to £790,988 over the two years to December 2024, the following assumptions must hold true:

• The value of SOUTH VIEW has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2022 sale price of £812,500 represented a fair market value for the property.
• The size, condition, and specification of SOUTH VIEW has not materially changed since December 2022.

How Large is SOUTH VIEW?

SOUTH VIEW is 173m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% 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 SOUTH VIEW lies on this distribution: 87% of detached houses houses are smaller than SOUTH VIEW, and 12% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

SOUTH VIEW: Plot and Title Map

SOUTH VIEW sits on a plot of roughly 0.235 of an acre, or 949m². The below map shows the location of SOUTH VIEW, 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 SOUTH VIEW). 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 SOUTH VIEW?

SOUTH VIEW is located on HANNAY ROAD in CHEDDAR, in the BS27 postcode district. The below map shows the position of SOUTH VIEW on HANNAY ROAD.