TIMBER TOPS, SHIPHAM ROAD, CHEDDAR, BS27 3DD - £322,500

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

TIMBER TOPS is a small extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £322,500 in December 2013, which was around 15% above the average December 2013 detached price in the Somerset local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was C.

TIMBER TOPS Sold Prices

Land registry data shows three sales for TIMBER TOPS 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 TIMBER TOPS 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
2013 2 DEC	£322,500	£279,254	15% above HPI
2002 8 NOV	£245,000	£202,330	21% above HPI
1996 31 OCT	£111,000	£87,059	27% above HPI

TIMBER TOPS 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 TIMBER TOPS sales between October 1996 and December 2013 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 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2013 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is TIMBER TOPS?

TIMBER TOPS is 115m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 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 TIMBER TOPS lies on this distribution: 40% of detached houses are smaller than TIMBER TOPS, and 60% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

TIMBER TOPS: Plot and Title Map

TIMBER TOPS sits on a plot of roughly 0.611 of an acre, or 2,474m². The below map shows the location of TIMBER TOPS, 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 TIMBER TOPS). 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 TIMBER TOPS?

TIMBER TOPS is located on SHIPHAM ROAD in CHEDDAR, in the BS27 postcode district. The below map shows the position of TIMBER TOPS on SHIPHAM ROAD.