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
SOUTHVIEW ORCHARD is a very large detached house of 182m², built sometime between 2003 and 2006. It was last sold for £550,000 in November 2023, which was around 24% above the average November 2023 detached price in the Somerset local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for SOUTHVIEW ORCHARD since 1st 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 SOUTHVIEW ORCHARD 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 |
---|---|---|---|
2023 7 NOV | £550,000 | £442,226 | 24% above HPI |
2012 30 NOV | £445,000 | £274,215 | 62% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two SOUTHVIEW ORCHARD sales from November 2012 and November 2023 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 November 2012 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the November 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.
SOUTHVIEW ORCHARD is 182m² according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where SOUTHVIEW ORCHARD lies on this distribution: 89% of detached houses are smaller than SOUTHVIEW ORCHARD, and 11% of houses are larger. Note that EPC data is not available for all properties in Cheddar.
SOUTHVIEW ORCHARD sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of SOUTHVIEW ORCHARD, 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 SOUTHVIEW ORCHARD). 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.
SOUTHVIEW ORCHARD is located on HANNAY ROAD in CHEDDAR, in the BS27 postcode district. The below map shows the position of SOUTHVIEW ORCHARD on HANNAY ROAD.