WELLINGTON COTTAGE, THE STREET, DRAYCOTT, CHEDDAR, BS27 3TH - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WELLINGTON COTTAGE is a midsized extended detached house of 129m², built sometime before 1900, which could now be worth an estimated £537,214. It was last sold for £350,000 in December 2014, which was around 17% above the average December 2014 detached price in the Somerset local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

WELLINGTON COTTAGE Sold Prices

Land registry data shows two sales for WELLINGTON COTTAGE 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 WELLINGTON COTTAGE 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
2014 19 DEC	£350,000	£299,974	17% above HPI
2007 12 OCT	£345,000	£307,472	12% above HPI

WELLINGTON COTTAGE 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 WELLINGTON COTTAGE sales from October 2007 and December 2014 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 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2014 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might WELLINGTON COTTAGE be worth now?

WELLINGTON COTTAGE might now be worth an estimated £537,214.

This is based on house price inflation of 53.5%, between December 2014 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.5% inflationary increase is applied to the most recent sale price for WELLINGTON COTTAGE of £350,000 on 19th December 2014. For the value to have increased from £350,000 to £537,214 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of WELLINGTON COTTAGE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2014 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of WELLINGTON COTTAGE has not materially changed since December 2014.

How Large is WELLINGTON COTTAGE?

WELLINGTON COTTAGE is 129m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Draycott, and where WELLINGTON COTTAGE lies on this distribution: 52% of detached houses houses are smaller than WELLINGTON COTTAGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Draycott.

WELLINGTON COTTAGE: Plot and Title Map

WELLINGTON COTTAGE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of WELLINGTON COTTAGE, 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 WELLINGTON COTTAGE). 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 WELLINGTON COTTAGE?

WELLINGTON COTTAGE is located on THE STREET in DRAYCOTT, in the BS27 postcode district. The below map shows the position of WELLINGTON COTTAGE on THE STREET.