THE RETREAT, UPPER NORTH STREET, CHEDDAR, BS27 3HX - £460,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE RETREAT is a very large extended detached house of 165m², built sometime between 1950 and 1966. It was last sold for £460,000 in June 2017, which was around 36% above the average June 2017 detached price in the Somerset local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

THE RETREAT Sold Prices

Land registry data shows two sales for THE RETREAT 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 THE RETREAT 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
2017 30 JUN	£460,000	£337,552	36% above HPI
2009 26 JUN	£320,000	£248,371	29% above HPI

THE RETREAT 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 THE RETREAT sales from June 2009 and June 2017 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 June 2009 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2017 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is THE RETREAT?

THE RETREAT is 165m², which includes two extensions, according to the EPC inspection conducted in March 2017. 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 THE RETREAT lies on this distribution: 84% of detached houses are smaller than THE RETREAT, and 16% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

THE RETREAT: Plot and Title Map

THE RETREAT sits on a plot of roughly 0.256 of an acre, or 1,036m². The below map shows the location of THE RETREAT, 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 RETREAT). 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 RETREAT?

THE RETREAT is located on UPPER NORTH STREET in CHEDDAR, in the BS27 postcode district. The below map shows the position of THE RETREAT on UPPER NORTH STREET.