TARVIN, UPPER NEW ROAD, CHEDDAR, BS27 3DL - £290,000

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

TARVIN is a very small detached house of 53m², built sometime between 1930 and 1949. It was last sold for £290,000 in August 2019, which was around 20% below the average August 2019 detached price in the Somerset local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

TARVIN Sold Prices

Land registry data shows two sales for TARVIN 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 TARVIN 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
2019 9 AUG	£290,000	£363,695	20% below HPI
1996 2 FEB	£48,500	£82,030	41% below HPI

TARVIN 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 TARVIN sales from February 1996 and August 2019 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 February 1996 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is TARVIN?

TARVIN is 53m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 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 TARVIN lies on this distribution: Less than 1% of detached houses are smaller than TARVIN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

TARVIN: Plot and Title Map

TARVIN sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of TARVIN, 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 TARVIN). 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 TARVIN?

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