WELTEVREDEN, MILLBOURNE ROAD, CHEDDAR, BS27 3NP - £334,000

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.

WELTEVREDEN is a very small extended detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £397,310. It was last sold for £334,000 in September 2020, which was around 14% below the average September 2020 detached price in the Somerset local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

WELTEVREDEN Sold Prices

Land registry data shows two sales for WELTEVREDEN 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 WELTEVREDEN 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
2020 10 SEP	£334,000	£387,061	14% below HPI
2016 4 AUG	£260,000	£334,183	22% below HPI

WELTEVREDEN 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 WELTEVREDEN sales from August 2016 and September 2020 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 August 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might WELTEVREDEN be worth now?

WELTEVREDEN might now be worth an estimated £397,310.

This is based on house price inflation of 19%, between September 2020 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 19% inflationary increase is applied to the most recent sale price for WELTEVREDEN of £334,000 on 10th September 2020. For the value to have increased from £334,000 to £397,310 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of WELTEVREDEN has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2020 sale price of £334,000 represented a fair market value for the property.
• The size, condition, and specification of WELTEVREDEN has not materially changed since September 2020.

How Large is WELTEVREDEN?

WELTEVREDEN is 81m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheddar, and where WELTEVREDEN lies on this distribution: 9% of detached houses houses are smaller than WELTEVREDEN, and 91% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

WELTEVREDEN: Plot and Title Map

WELTEVREDEN sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of WELTEVREDEN, 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 WELTEVREDEN). 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 WELTEVREDEN?

WELTEVREDEN is located on MILLBOURNE ROAD in CHEDDAR, in the BS27 postcode district. The below map shows the position of WELTEVREDEN on MILLBOURNE ROAD.