SUMMERHOLME, UPPER NEW ROAD, CHEDDAR, BS27 3DN - £695,000

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

SUMMERHOLME is a very large extended detached house of 191m², built sometime between 1930 and 1949. It was last sold for £695,000 in June 2024, which was around 57% above the average June 2024 detached price in the Somerset local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was C.

SUMMERHOLME Sold Prices

Land registry data shows three sales for SUMMERHOLME 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. All of the three SUMMERHOLME 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
2024 27 JUN	£695,000	£442,071	57% above HPI
2004 25 OCT	£320,000	£258,676	24% above HPI
1995 22 MAY	£85,000	£84,349	1% above HPI

SUMMERHOLME 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 SUMMERHOLME sales between May 1995 and June 2024 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 October 2004 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2024 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is SUMMERHOLME?

SUMMERHOLME is 191m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where SUMMERHOLME lies on this distribution: 91% of detached houses are smaller than SUMMERHOLME, and 9% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

SUMMERHOLME: Plot and Title Map

SUMMERHOLME sits on a plot of roughly 0.300 of an acre, or 1,213m². The below map shows the location of SUMMERHOLME, 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 SUMMERHOLME). 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 SUMMERHOLME?

SUMMERHOLME is located on UPPER NEW ROAD in CHEDDAR, in the BS27 postcode district. The below map shows the position of SUMMERHOLME on UPPER NEW ROAD.