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

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

WELTEVREDEN is a very small extended detached house of 81m², built sometime between 1967 and 1975. It was last sold for £334,000 in September 2020, which was around 11% 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	£375,243	11% below HPI
2016 4 AUG	£260,000	£323,980	20% 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

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 in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where WELTEVREDEN lies on this distribution: 10% of detached houses are smaller than WELTEVREDEN, and 90% 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.