ST ELMO, CLIFF STREET, CHEDDAR, BS27 3PN - £485,000

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

ST ELMO is a large extended detached house of 142m², built sometime between 1930 and 1949. It was last sold for £485,000 in January 2021, which was around 25% above the average January 2021 detached price in the Somerset local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.

ST ELMO Sold Prices

Land registry data shows three sales for ST ELMO since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. The three ST ELMO sales were a mix of above the average price, 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
2021 29 JAN	£485,000	£387,801	25% above HPI
2008 25 APR	£287,000	£288,194	Close to HPI
2006 26 JUL	£246,000	£267,135	8% below HPI

ST ELMO 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 three ST ELMO sales between July 2006 and January 2021 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 April 2008 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is ST ELMO?

ST ELMO is 142m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 40% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where ST ELMO lies on this distribution: 68% of detached houses are smaller than ST ELMO, and 31% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

ST ELMO: Plot and Title Map

ST ELMO sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of ST ELMO, 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 ST ELMO). 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 ST ELMO?

ST ELMO is located on CLIFF STREET in CHEDDAR, in the BS27 postcode district. The below map shows the position of ST ELMO on CLIFF STREET.