THE ORCHARD, WARRENS HILL, CHEDDAR, BS27 3LN - £315,000

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

THE ORCHARD is a midsized extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £315,000 in March 2008, which was around 8% above the average March 2008 detached price in the Somerset local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

THE ORCHARD Sold Prices

Land registry data shows three sales for THE ORCHARD 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. Two of the three THE ORCHARD sales were for above the average price, whilst one was 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
2008 14 MAR	£315,000	£291,642	8% above HPI
2005 22 NOV	£305,000	£254,972	20% above HPI
2000 12 MAY	£125,000	£131,307	5% below HPI

THE ORCHARD 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 THE ORCHARD sales between May 2000 and March 2008 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 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the March 2008 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 122m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 50% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where THE ORCHARD lies on this distribution: 51% of detached houses are smaller than THE ORCHARD, and 48% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of THE 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 THE 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.

Where is THE ORCHARD?

THE ORCHARD is located on WARRENS HILL in CHEDDAR, in the BS27 postcode district. The below map shows the position of THE ORCHARD on WARRENS HILL.